Another ID theft ring busted

This time in New York; Attorney General Eric Schneiderman charged 7 gang members yesterday with aggravated identity theft and access device fraud. 3 people are from Bronx, 1 person from Pomona and 3 other individuals from Seaford. They managed to break into over 180 personal store credit account opened at retail chains such as Home Depot, Sears, Kmart, Kohl’s. Gang members have been buying merchandise and gift cards for resale. Gang was also manufacturing state ID cards and driver’s licenses so that they could charge a stolen account pretending they forgot the credit card and use driver’s license and social security number at the store to complete a purchase. Gang members have their tasks divided among the members, 1 individual was impersonating victims at the stores, 3 people were producing fake identification documents and 3 other were running sale of fraudulently purchased merchandise and credit cards. Most merchandise was returned back to the stores in return for store credit in the form of gift card. Gift cards were then sold for 60-70% of nominal value. Investigation involved court authorized wire taping of gang members phone conversations which will now be used against defendants as evidence. The loss of all victims of the scheme is estimated for $1 million. Suspects face up to 15 years in prison if convicted.
Attorney General Eric Schneiderman said yesterday “Today’s arrests send a strong message to identity thieves in this state: they will be caught and prosecuted.”

ID card