Buyer of $8M private island busted for stealing from Kmart

According to police, the Florida man collected refunds by returning containers without the original products inside

Miami /
Apr.April 13, 2019 10:00 AM

From left: Thompson Island, Kmart and Andrew Lippi (Credit Google Maps, Monroe County Sheriff’s Office, iStock)

A Florida man, who paid $8 million for a private island off Key West last month, just got caught stealing about $300 of merchandise from a Kmart store.

Andrew Lippi, 59, bought products from the Kmart in Key West and collected refunds by returning the containers without the original products inside, the New York Daily News reported.

According to a police report, Lippi paid about $160 for a Keurig coffee maker at the Kmart on March 30 and got a full refund the next day by returning the Keurig container with a basketball inside.

A few days later, at the same store, he paid slightly more than $100 for a coffee maker and eight light bulbs before getting a refund the same day by returning the containers with an older coffee maker and a different brand of light bulbs. Lippi also bought a bed skirt and got a refund by returning a pillow case instead.

Video from a store-security camera shows him buying and returning all the merchandise.

Lippi owns a portfolio of properties including Thompson Island off Key West, which he bought in March for $8 million, and a 12-room house featured on the MTV series “The Real World,” according to South Florida television station WPLG. He reportedly rents out the mansion on Airbnb for $1,800 a night. [NYDN] – Mike Seemuth


Related Articles

arrow_forward_ios
From left: 1840 South Ocean Boulevard, 1341 South Ocean Boulevard and 2000 South Ocean Boulevard
These were South Florida’s largest resi sales of 2021
These were South Florida’s largest resi sales of 2021
Suspect arrested in fatal shooting of real estate agent in Coral Springs
Suspect arrested in fatal shooting of real estate agent in Coral Springs
Suspect arrested in fatal shooting of real estate agent in Coral Springs
Miami-Dade County slapped with ethics complaint over approval of 550-home Calusa project
Miami-Dade County slapped with ethics complaint over approval of 550-home Calusa project
Miami-Dade County slapped with ethics complaint over approval of 550-home Calusa project
Now streaming: TRD’s podcast Deconstruct on what’s next for Surfside
Now streaming: TRD’s podcast Deconstruct on what’s next for Surfside
Now streaming: TRD’s podcast Deconstruct on what’s next for Surfside
Michael Stern accused of “duping investors” in Monad Terrace project
Michael Stern accused of “duping investors” in Monad Terrace project
Michael Stern accused of “duping investors” in Monad Terrace project
PE firms LarrainVial, DaGrosa Capital invest in Miami real estate companies
PE firms LarrainVial, DaGrosa Capital invest in Miami real estate companies
PE firms LarrainVial, DaGrosa Capital invest in Miami real estate companies
Luxury car tycoon pays $7M for manse in Aventura’s Island Estates
Luxury car tycoon pays $7M for manse in Aventura’s Island Estates
Luxury car tycoon pays $7M for manse in Aventura’s Island Estates
The identity theft charges use Oceana Bal Harbour and Mei Miami Beach condos (Oceana, Mei, iStock, District Court of South Florida)
$10M mortgage fraud honed in on Oceana Bal Harbour, Mei Miami Beach condos
$10M mortgage fraud honed in on Oceana Bal Harbour, Mei Miami Beach condos
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...