Bob Sullivan of MSNBC has a story about credit reports being for sale that may worry people with good credit ratings. It begins: The most important tool consumers have to fight against ID theft has been turned against them by hackers, msnbc.com has learned. Websites that offer consumers a chance to see their credit reports are…
Category: ID Theft
Armenian Power Member and Three Armenian Power Associates Convicted in Los Angeles for Roles in Identity Theft Ring
After a five week trial, four defendants have been convicted for their roles in one of the largest bank fraud and identity theft schemes in California history, with dozens of victims in four states and millions of dollars in losses. The convictions were announced by Assistant Attorney General Lanny A. Breuer of the Justice Department’s…
H&R Block Manager Arrested for Identity Theft of Tax Clients
Michael Cohn reports: An H&R Block manager in Southern California has been arrested for using the identities of his former tax preparation clients in an identity theft scheme. Read more on Accounting Today.
Follow-up: Two men who stole bank info from Michaels customers headed to federal prison
Kristin J. Bender reports: Two men could spend the rest of their lives in federal prison after they pleaded guilty Wednesday to helping set up phony debit card pads in a popular craft store to steal customers’ bank account and credit card numbers. Edward Arakelyan, 21, and Arman Vardanyan, 22, both of Southern California, each…
TX: Credit card fraudster gets 70 months
Lynn Brezosky reports: A Corpus Christi man who admitted to making fake credit cards using [credit card] receipts stolen from a San Antonio hotel has been sentenced to five years and 10 months in federal prison, federal prosecutors said Wednesday. Steven Reese Clark, 37, also must pay $3,606 in restitution to victims of his fraud….
Carder.su ID Theft Ring Busted; Feds Arrest 19 In 9 States
Ken Ritter reports: Nineteen people were arrested in Nevada and eight other states in a Las Vegas-based identity theft and trafficking ring that a federal prosecutor characterized as a sophisticated racketeering organization involving 50 people nationwide. The scheme revolved around the buying and selling of pilfered debit and credit card information on an Internet site…