HOLLYWOOD, Fla. — Federal agents arrested two Chinese nationals in Hollywood on Wednesday, accusing them of being part of an international refund fraud scheme that’s cost retailer Target millions of dollars over the past few years.
Homeland Security Investigations agents said Migui Li, 28, of Levittown, New York, and Ziyu Zhao, 20, of Flushing, New York, were members of a “transnational criminal organization” and personally responsible for about $94,000 in losses to Target stores in the Southeast, including stores in Miami-Dade and Broward counties.
According to a federal criminal complaint, the “post-purchase markdown” scheme has cost Target $4.6 million since 2022…