This Illinois man was attacked online after scammers shopped at his store with SNAP funds stolen from Texas
The Supplemental Nutrition Assistance Program, or SNAP, is the country's biggest food-benefit program, according to the USDA. In 2023, an average of 42.1 million people received monthly SNAP benefits.
The USDA says that over 250,000 retailers across the U.S. accept SNAP benefits. However, one Illinois retailer recently got into trouble for that.
Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's how
I'm 49 years old and have nothing saved for retirement — what should I do? Don't panic. Here are 5 of the easiest ways you can catch up (and fast)
Nervous about the stock market in 2025? Find out how you can access this $1B private real estate fund (with as little as $10)
According to a CBS News Chicago report, Alsham Supermarket and Bakery in Lombard, Illinois, was on the receiving end of bad online reviews after SNAP recipients in other states had their benefits fraudulently used there. But Ardavan Nazari, who owns the store, insists he did nothing wrong.
"People, they point their fingers. They're upset and they're mad because somebody stole their information. But the one who stole the information is not us," Nazari told CBS News Chicago.
Unfortunately, it's not difficult for criminals to steal people's SNAP benefits. The process is similar to stealing a credit card or debit card number.
Criminals can use skimming devices and hidden cameras to capture SNAP EBT data. EBT is the electronic system that lets SNAP users pay for purchases using their benefits. Think of it as a SNAP-specific debit card.
Once criminals have that data, they can replicate actual SNAP EBT cards and use whatever funds are on them to buy things for themselves. That's what happened at Nazari's Chicago-area store.
When the situation became clear, customers started writing negative reviews online about Alsham Supermarket and Bakery stealing their money. Nazari was upset when he saw the accusations.
"I have been here five years, working very hard on this store," he told CBS News. "We're working hard here to get good reviews, good staff, good inventory."
Nazari tried contacting some of the people who wrote negative reviews about his business.
"I start asking them over the phone questions like, 'Somebody stole your card? Or you give your card to someone?'" he told CBS News. "And they said, 'No, we have the card in the hand.'"
Two of the people whose SNAP benefits were used at Nazari's store live in Houston. In late February, Kimberley Edwards tried to use her SNAP benefits at a local store and was told by the cashier that she only had $13 left.
"It was just devastating," she told CBS News. "My main concern was, how was I going to supply food for my son?"
Read more: This is how American car dealers use the '4-square method' to make big profits off you — and how you can ensure you pay a fair price for all your vehicle costs
When Edwards checked to see where her balance had gone, she saw a $432 transaction for Alsham Supermarket and Bakery. "I've never been to Illinois," she said.
Something similar happened to another Texas resident, Lakeda Cunningham, in April. "I went to Dollar General to purchase drinks, and when I swiped the card and put the code in, the cashier told me that it was insufficient funds," Cunningham told CBS News. "I was like, 'That's not possible because my money just posted on April 18th, six days ago."
It turned out someone had used Cunningham's SNAP benefits to charge $162.11 at Alsham Supermarket and Bakery that same day. "I've never been to Illinois," Cunningham said. "Period."
The USDA says that in the fourth quarter of 2024, approximately 446,000 fraudulent SNAP transactions were reported, affecting almost 144,000 households.
In Illinois, SNAP fraud has been a huge issue. From October 2022 to December 2024, almost $21 million in SNAP benefits were stolen, CBS News reported, citing data from the Illinois Department of Human Services.
That amounted to almost 124,000 fraudulent transactions and impacted over 38,000 households. The state urges anyone experiencing SNAP fraud to report it here.
But while SNAP fraud clearly has the potential to hurt the program's beneficiaries, it can also hurt innocent retailers, including small businesses like Alsham Supermarket and Bakery.
Part of the reason Nazari's store was targeted was that he carries an array of expensive and unique items — something that could attract customers and criminals equally.
Jim Morley, assistant special agent-in-charge with the U.S. Secret Service in Chicago, told CBS News that stores like Nazari's tend to be popular with scammers because their inventory isn't just pricey but also hard to find elsewhere.
"Oftentimes, we see a particular store getting targeted because they're selling merchandise that the criminal is able to resell," Morley explained.
Nazari, meanwhile, is taking steps to prevent future SNAP fraud at his business now that he's aware of the issue. He filed a report with the Lombard police as a starting point.
He also gave them video and receipt copies related to the fraud Cunningham experienced in the hopes of helping law enforcement catch the scammer. He also installed 12 security cameras.
The USDA has tips for retailers to help prevent SNAP fraud. It says to inspect point-of-sale machines and PIN pads regularly for tampering or skimming devices.
It also suggests using cameras to monitor checkout areas and never allowing unscheduled service visits for point-of-sale equipment.
The USDA also urges retailers to train employees to spot suspicious behavior. Charging a large amount of luxury items on a SNAP EBT card could be one red flag.
Finally, any retailer that thinks it has been targeted by SNAP scammers should contact local law enforcement and its point-of-sale equipment provider. It should also call the USDA Office of Inspector General Hotline at 1-800-424-9121.
Want an extra $1,300,000 when you retire? Dave Ramsey says this 7-step plan 'works every single time' to kill debt, get rich in America — and that 'anyone' can do it
Rich, young Americans are ditching the stormy stock market — here are the alternative assets they're banking on instead
Robert Kiyosaki warns of a 'Greater Depression' coming to the US — with millions of Americans going poor. But he says these 2 'easy-money' assets will bring in 'great wealth'. How to get in now
Here are 5 'must have' items that Americans (almost) always overpay for — and very quickly regret. How many are hurting you?
This article provides information only and should not be construed as advice. It is provided without warranty of any kind.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
2 hours ago
- Yahoo
Diversification Strategy Sparks Bullish Impetus in Nebius Group Stock (NBIS)
When I first invested in Nebius Group (NBIS) earlier this year, I approached it with cautious optimism—hyper-growth stocks carry inherent risk. Today, with the stock up over 50%, I remain confident and recently raised my 12-month price target to $60, implying further upside of over 50%. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter While its EV/Sales multiple above 50x may appear steep, it's less relevant for a vertically integrated AI infrastructure leader positioned to capitalize on current momentum. In my view, Nebius remains one of the most compelling growth stories in tech today. Nebius's recent growth is off the charts. Nebius posted exceptional growth in Q1 FY2025, reporting $55.3 million in revenue—a 385% year-over-year increase—driven by surging global demand for AI and generative computing solutions. Management projects annual recurring revenue (ARR) between $750 million and $1 billion by year-end, underscoring the company's ambitious trajectory. What sets Nebius apart is its diversified, vertically integrated approach. Beyond its core AI cloud services, the company operates in several high-growth areas: Avride, an autonomous mobility venture; Toloka, a data-labeling and AI development platform backed by Jeff Bezos's venture arm; and TripleTen, an edtech startup focused on tech career reskilling. This strategic breadth positions Nebius to tap into multiple revenue streams within the expanding AI ecosystem. While some still associate the company with its Yandex origins, Nebius has taken definitive steps to establish its independence, restructuring in 2022, relocating its headquarters to Amsterdam, and relisting on Nasdaq. Its $700 million funding round in December, led by investors including NVIDIA and Accel, affirms growing confidence in Nebius as a credible and emerging leader in global AI infrastructure. While Nebius continues to invest aggressively, it is beginning to demonstrate operating leverage. In the same quarter that delivered standout revenue growth, the company reduced its adjusted EBITDA loss from $70.9 million a year ago to $62.6 million—an encouraging sign of improving cost efficiency. A year ago, operating expenses stood at an unsustainable 827% of revenue; that figure has since declined to 334%. Though still high, the downward trend points toward greater operational discipline. Nebius's cloud-based model is inherently scalable, allowing margins to expand as revenue grows and fixed costs are spread across a larger customer base. Management is targeting adjusted EBITDA profitability in the second half of FY2025—a goal that appears increasingly attainable given the company's accelerating top-line growth and improving cost structure Let's tackle the elephant in the room—valuation. Based on an EV/Sales multiple of approximately 50x, Nebius appears expensive. For reference, Snowflake (SNOW) had a near-peak multiple of around 150x EV/Sales in early 2021 and fell rapidly to around 20x as revenues scaled. It's reasonable to expect Nebius's valuation will experience a similar development. Currently, Nebius stock exhibits extreme bullishness, as indicated by technical indicators, including the 14-day RSI, which stands at around 70. High volatility and irrational exuberance are typical among rapidly growing stocks, so investors should prepare for volatility, even when it's unlikely or difficult to ascertain, by examining the stock's price performance relative to its peers. Sentiment is always a risk with highly valued hyper-growth plays. However, when I consider the company's peers, Databricks or CoreWeave, Nebius's valuation is not entirely out of sync with the valuation models I commonly see across the AI infrastructure space. High multiples today can come back to earth in the near future as revenues move on up, making the current premium worthwhile. On Wall Street, Nebius has a consensus Strong Buy rating based on three Buys, zero Holds, and zero Sells. The average NBIS stock price target of $52.33 indicates a 37% upside potential over the next 12 months. However, if it reaches $60, we're looking at a return of over 50% within 12 months. I continue to view Nebius stock as one of the more compelling high-growth opportunities in today's market. While the stock may appear volatile and expensive by traditional metrics, its strong revenue growth, improving margins, strategic geopolitical positioning, and diversified revenue streams justify the current valuation. I maintain a bullish price target of $60, reflecting my confidence in management's execution capabilities and the potential for a favorable macro environment next year. For investors seeking high-risk, high-reward opportunities, Nebius stands out as a resilient and promising player in the AI space. Disclaimer & DisclosureReport an Issue Sign in to access your portfolio
Yahoo
3 hours ago
- Yahoo
Oakland clears homeless encampment, moves 70 to shelter — but advocates say city's outreach efforts fell short
The City of Oakland has cleared a large homeless encampment on East 12th Street, relocating about 70 people to the Mandela House — a former hotel turned shelter, now funded through a state grant. The move marks one of the city's most visible steps toward addressing homelessness, a crisis that has more than doubled in Oakland over the past decade. Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's how I'm 49 years old and have nothing saved for retirement — what should I do? Don't panic. Here are 5 of the easiest ways you can catch up (and fast) Nervous about the stock market in 2025? Find out how you can access this $1B private real estate fund (with as little as $10) Driven by rising rents, stagnant wages and a chronic shortage of affordable housing, more than 4,000 people in the city are currently unhoused. Oakland officials say the clearance is part of a broader push to connect unhoused residents with long-term housing support. It follows Governor Gavin Newsom's rollout of a model ordinance aimed at helping cities respond to what he calls the 'dangerous' and 'unhealthy' conditions of encampments. 'There's nothing compassionate about letting people die on the streets,' Newsom said in a press release. 'Local leaders asked for resources — we delivered the largest state investment in history.' As Oakland aligns with statewide efforts to address homelessness, the impact of encampment closures — and whether they help — remains at the center of the conversation. California's homelessness crisis has reached a breaking point. According to data from the U.S. Department of Housing and Urban Development, more than 187,000 people were homeless in the state last year — nearly 24% of the entire nation's unhoused population. The pressure is mounting on state and local leaders to act fast. In response, Newsom announced $3.3 billion in new funding to help cities expand access to housing and treatment for the state's most vulnerable. Cities like Oakland and San Francisco are rolling out targeted interventions. San Francisco's newly elected mayor, Daniel Lurie, has pledged to tackle homelessness head-on. Oakland is already home to the Community Cabins program — a shelter initiative offering small, two-person cabins built on public land. These temporary shelters focus on stabilization and connecting residents to long-term support. The program has seen high participation rates, largely because cabins are built near existing encampments, allowing people to stay close to familiar spaces. 'Oakland's Cabin Community model is one of the most promising and cost-effective homeless shelter innovations I've seen,' said Trent Rhorer, executive director of the San Francisco Human Services Agency. Read more: Want an extra $1,300,000 when you retire? Dave Ramsey says — and that 'anyone' can do it City officials say closing the East 12th Street encampment is a step forward, but community reactions suggest a more complicated reality. Some residents and business owners say they're relieved to see the area cleared, calling it a long-standing source of frustration. "I was driving by, and I was shocked to see the whole encampment was clean," said Veleda, an Oakland resident, in an interview with Fox KTVU. "It was an eyesore, and it was very hard for them to tackle it." But homeless advocates say that while shelters like Mandela House or Community Cabins represent a step in the right direction, the process of clearing encampments often unfolds with little warning and limited resources. "People lost medication, people lost their IDs, people lost their phones, people lost their clothing, their food," Needa Bee, director of the homeless advocacy group, The Village, told Fox KTVU. According to Bee, she was able to reconnect with 54 individuals from the East 12th encampment — none of whom were offered housing options before the site was cleared. The city maintains that shelter space was made available at Mandela House. But advocates argue the outreach efforts fell short, and question how effective these emergency responses really are in the long term. With growing pressure to 'clean up' encampments, cities risk swapping long-term solutions for short-term optics — and sidelining the very people these efforts claim to support. Here are 5 'must have' items that Americans (almost) always overpay for — and very quickly regret. How many are hurting you? Rich, young Americans are ditching the stormy stock market — here are the alternative assets they're banking on instead Robert Kiyosaki warns of a 'Greater Depression' coming to the US — with millions of Americans going poor. But he says these 2 'easy-money' assets will bring in 'great wealth'. How to get in now This is how American car dealers use the '4-square method' to make big profits off you — and how you can ensure you pay a fair price for all your vehicle costs Like what you read? Join 200,000+ readers and get the best of Moneywise straight to your inbox every week. This article provides information only and should not be construed as advice. It is provided without warranty of any kind.
Yahoo
4 hours ago
- Yahoo
Shots fired at officers in Secaucus, New Jersey, police say
No officers were hurt. Hudson County SWAT was on the scene and one suspect was taken into custody. CBS News New York's Jessica Moore reports.