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New Milford brothers charged in online scheme

Posted on February 20, 2016 by Dissent

John Seasly reports:

Two brothers were arrested Friday on computer-related theft and other charges, acting Bergen County Prosecutor Gurbir Grewal said Saturday.

Francis Montecillo, 24, of New Milford already faced computer-related theft charges after his arrest in October. In January, police received information that Montecillo, out on bail, was continuing his alleged “illicit activities,” Grewal said.

Police investigated and determined that he allegedly used stolen credit-card information to buy items online and to pay for gym memberships in Paramus for himself and his brother, Kenneth, 22, also of New Milford, Grewal said.

[…]

Francis Montecillo also allegedly stole more than $10,000 in bitcoins, an online currency that can be used to buy certain goods and services. After buying the bitcoins and transferring them to a different account, he had his bank reverse the money transfer to the bitcoins seller, Grewal said.

Read more on NorthJersey.com.

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