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I have seen the buy the soda/dump it out/cash in the can't thing only once in the 24 years in the biz.
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I would assume the Bottle return scam is a learned behavior and may not be used at all stores. My wife has been a bookkeeper with her store/employer for 26+ years. And has worked in stores in very different neighborhoods. The water bottle dump she has been hearing about (from the box boys and girls) has been at her present store in what most would consider a pretty high end area south of Portland.