IT’S SCAMS ALL THE WAY DOWN: ABC News: Democratic Convention Organizers Inflate Prices of Lost Electronics, Claim $500K.

Organizers of the Charlotte, N.C., convention have filed an eyebrow-raising police report for lost and stolen electronics, some of which they have valued at as much as 62 times the listed market prices.

A reportedly stolen 13-inch MacBook Pro laptop? $75,537. The price listed on the Apple website is $1,199. A lost iPhone? $30,503. A lost Blackberry? $54,250.

Other items reported to have gone missing at the convention included two iPads worth around $15,000 each, laptops listed at $40,000, $34,000 and $25,000 each, and other miscellaneous items worth far more than their list price.

The report claims that 40 items were reported lost and one item – the most highly valued one, the $75,000 MacBook Pro – was stolen.

The inflated prices were reported in May with the Charlotte Police Department by Kenneth Hardy, deputy in-house counsel for the Democratic National Convention Committee, on behalf of the DNCC Host Committee.

The report was filed almost eight months after the convention, when the losses supposedly took place.

Now, see, a Republican could go to jail for that kind of fraud.