It seems that every day I read about an “ID theft ring.” Most of the cases reported in the mainstream media do not provide the kind of detail that would further analysis, though, so I often omit them, even though they may involve a lot of money or multiple states. Here are just two examples…
Category: ID Theft
Point-of-sale machines a growing magnet for identity thieves
Laura Baziak reports that theft of POS touch screens is increasing in Canada as thieves look for an easy way to get any card data stored on the device: …. Farahbakhchian said theft of all point-of-sale machines has been a steady problem in B.C. for the past three years. He said he hasn’t seen a…
FL: Feds say Clay man took IRS for millions after state computers tapped
Paul Pinkham reports: Personal identities gleaned from two state agencies dealing with children were used to obtain $2.7 million in fraudulent income tax returns in a conspiracy masterminded by an Orange Park man, a federal agent testified. Bryan A. Copeland and a half-dozen co-conspirators filed 880 bogus tax returns from 2006 to 2009 using counterfeit…
NY: Westchester Police Arrest Bronx Man For Credit Card Fraud
Westchester County Police along with the U.S. Secret Service have arrested a Bronx man and charged him with stealing credit card information and then using it to buy more than $100,000 worth of consumer electronics. Officials say 31 year old James Davis of Decatur Avenue used a skimming device to steal credit card information while…
UK: Fraudster must pay £30,000
Polly Rippon reports: A conman from Sheffield who masterminded conspiracies to defraud high street bank customers out of hundreds of thousands of pounds has been ordered to pay back nearly £30,000 to the authorities. Lawrence Siaw, aged 36, recruited bank workers to steal customers’ account details, then used them to plunder huge sums from their…
Report: RBS WorldPay Hacker Gets Four Years’ Probation
Robert McMillan reports: The mastermind behind one of the biggest hacking paydays in history has been sentenced to four years’ probation and an US$8.9 million fine, according to published reports. Victor Pleshchuk, 28, was sentenced to four years’ probation on Wednesday, according to Bloomberg News. He is considered the leader of a group of criminals who…