ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / NEWS

Meet the Scammer who Sold High-End Clothes Worth $1 Million Secured on Rent

The items includes high-end brands such as Selkie, Bottega Veneta and LoveShackFancy, BHLDN and MadeWorn.
PUBLISHED FEB 18, 2024
Image Source: Pexels|Photo by Viktoria Alipatova
Image Source: Pexels|Photo by Viktoria Alipatova

At a time when cost of living is high and people don't want to splurge too much on high-end clothing and accessories, almost everything is available on installments and rent. But while such options prioritize the convenience of consumers, there are always dubious characters looking for opportunities to manipulate these services. Brandalene 'Brandy' Horn, 42, was apprehended on Wednesday on charges related to an elaborate scheme where she purportedly pilfered nearly $1 million worth of high-end attire from platforms such as Rent The Runway. She is accused of putting up over 1,000 designer pieces on resale websites, after allegedly obtaining from clothing rental companies. She is currently facing charges of mail fraud, wire fraud, and interstate transportation of stolen goods. 

Pexels | ksenia-chernaya-
Image Source: Pexels | Photo by Ksenia Chernaya

Horn allegedly exploited hundreds of accounts to rent women’s clothing, subsequently absconding with the rented items and reselling them to unsuspecting customers on platforms like Poshmark. Damian Williams, the US Attorney for the Southern District of New York, asserted, "As alleged, Brandalene Horn orchestrated a profitable scheme, defrauding multiple victim companies, stealing hundreds of thousands of dollars' worth of luxury and designer items, and then profiting from the illicit sales online."

Horn is now accused of purloining over $823,000 worth of designer garments from three rental companies as part of the intricate fashion scam. She reportedly managed to vend at least 1,063 pilfered items from the rental company, while she was operating under the username "cashhorn" on Poshmark from April 2022 to February 2024.



 

Horn allegedly tampered with luxury item labels, evidenced by residue on dress tags, suggesting the removal of heat-sensitive tags. The items in question encompassed esteemed brands such as Selkie, Bottega Veneta, LoveShackFancy, BHLDN, and MadeWorn.

"Horn now faces criminal federal charges for her alleged deceptive behavior and fraudulent activity," Federal prosecutors said. "Upon receiving rental items, including pieces worth thousands of dollars, Horn retained rather than returned the items to the victim companies, subsequently selling them on an e-commerce marketplace," they added.



 

Prosecutors noted that Horn's listings for the stolen items often featured the victim companies' proprietary photographs and item descriptions, closely resembling those used by the victim companies. She allegedly listed a $1,390 gown by K.Ngsley for $189, using the same photo from a rental site. Upon the companies' attempts to charge her for the stolen items, she purportedly contested the charges with her credit card company or entirely canceled her card.

The suspicious activities eventually led to her accounts being flagged and terminated. But even after that, she allegedly opened new accounts and procured more luxury goods for sale, according to prosecutors. "Thanks to the work of the prosecutors and investigators of my Office, Horn now faces criminal federal charges for her alleged deceptive behavior and fraudulent activity," Williams said.

Police officers investigate the scene of a shooting | Getty Images | Photo by Max Whittaker
Image Source: Getty Images | Photo by Max Whittaker

If convicted, Horn faces up to 30 years in prison; the mail and wire fraud charges each carry a maximum sentence of 20 years and the interstate transportation of stolen property charge carries a maximum sentence of 10 years in prison.

MORE ON MARKET REALIST
They also triggered a showdown between Mark Cuban and Daniel Lubetsky before closing the deal.
11 hours ago
As Heather took a second to solve the final puzzle, Seacrest admitted she made it look easy.
16 hours ago
Carey suffered a similar snafu a few months ago while playing the same game of 'Bullseye'.
1 day ago
Fans also share some tips that could've helped Bain win the bonus round but it was too late.
1 day ago
Emily Croke coincidentally got the question related to her great-great aunt, Emily Folger.
1 day ago
Luckily for the veteran host, no one in the studio caught the mistake on time.
1 day ago
The executive producer of the show, Michael Davies later apologized for the spoiled show.
1 day ago
Even the seasoned expert was stumped by the unusual subject of the painting.
1 day ago
In the end, Mr Wonderful cut off Greiner with a deal that the founder of Wad Free couldn't refuse.
2 days ago
Seacrest got geniunely spooked as he couldn't figure out who played a prank on him.
2 days ago
The seller brought some "Secret Service" memorabilia of former Attorney General J. Howard McGrath.
2 days ago
The guest was already emotional because of the backstory involving native Alaskans.
3 days ago
The player once again fumbled a puzzle despite moving forward in the game.
3 days ago
The host didn't want to get more of the weird answers on the show anymore.
3 days ago
The founder of Beyond Sushi impressed the Sharks with 100% plant based flavors.
3 days ago
The Shark jumped back in to the deal as he thought his wife would love the product.
4 days ago
The guest who bought the item at a charity store had no idea that it was over 3,000 years old.
4 days ago
When the rare coin showed up on Harrison's table, he had to take his old man's approval for the deal.
5 days ago
Fans said that such behavior was unnecessary and slammed the antics as self-congratulatory.
5 days ago
Several customers took to social media to complain about spoilt milk that they purchased from the store.
5 days ago