Credit Card Fraud Ring Arrested
A recent Press Release issued by the District Attorney of Queens County, New York announced one of the biggest busts in the history of credit card fraud. Forty-five individuals, most with ties to Nigeria, have been indicted on charges stemming from an international ring of massive proportions. In total, over 1400 criminal charges have been filed against the 45 defendants.
Almost 2 years of investigations led to a well run business with employees with various positions and assignments working within multiple cells. Employee jobs ranged from Foot Soldier to Forged Document Manufacturer to Accountant. It’s estimated that the ring cost banks, cardholders, and merchants over $12 Million last year alone.
The May 14th press release cites the names and addresses of the defendants and their alleged roles in the crime ring. It is a very interesting read!
