Daniel Tepfer reports:
A ring of teenagers and adults have been using stolen credit card numbers to buy hundreds of thousands of dollars of gold jewelry from a national shopping network, which they then have delivered to vacant homes around the city, police said Wednesday.
[…]
Podpolucha said Espinell told them he contacted the stolen credit card number dealers through an Internet chatroom called “CCPower.” The dealers were in Iraq and instructed him to send the money, $2 for each stolen number, to them by Western Union.
“He used 20 or more stolen credit card numbers to buy 47 items from QVC, all gold bracelets,” Podpolucha said. “He then went to the diamond district in New York and sold the items.”
He continued that they are preparing warrants for more arrests but believe they have only uncovered the tip of the iceberg.
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