A Florida man has the funds to purchase a private island complete with mansion and helipad for $8 million but still takes the time to concoct an elaborate scheme to steal from a local Kmart.
We always think of millionaires as being above such common concerns as buying household items. Don’t they send out servants to go get a coffee maker when the old one finally breaks? And if not, can’t they order one from Amazon like everyone else?
Well, it turns out that at least one millionaire in Florida might have made his millions by penny-pinching any way he could, including ripping-off Kmart.
Andrew Francis Lippi, age 59, was arrested last Friday on charges of grand theft. According to a report from the Miami Herald, Lippi had defrauded a local Kmart by returning previously purchased items but replacing the still-boxed items with cheaper ones.
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For example, Lippi purchased a Keurig machine but then took it back to Kmart with a basketball inside the box. He also purchased several light bulbs and then returned the boxes with cheaper versions inside.
In all, Lippi is accused of stealing just over $300 from Kmart in this way.
The curious thing is that he doesn’t seem the type to need to steal from Kmart. Just a week before, Lippi completed purchasing Thompson Island in Key West for a cool $8 million. The island includes a massive mansion (although judging by the listing, the interior is in desperate need of an update) and a grass field that’s been converted into a helicopter landing pad.
Just down the street, Lippi owns another mansion where the 17th season of MTV’s Real World was filmed back in 2006. It’s now an Airbnb listing that rents for $999 per night.
The Miami Herald also states that Lippi’s police report includes video footage from the Kmart showing Lippi purchasing the items and then also returning them to the Kmart. Lippi told detectives that he did not replace the items, although he also mentioned to a detective that the clerk should have noticed something was up based on the weight of the Keurig machine box.
However, Lippi’s theft might have been unrelated to their monetary value. In an interview, Lippi said his actions were related to a “commercial dispute” that was “all very complicated.” He also released without needing to post bail last Sunday.