A fraudster admitted to using fake credit cards in several states – particularly Connecticut – to take lots of money from Lowe’s.
New York City resident Larell David, thirty, of Manhattan, pleaded guilty in Bridgeport this week to a scheme through that he defrauded the home improvement store out of around $183,000.
Specifically, David was charged with one count of access device fraud.
U.S. Legal professional John Durham said that between July 2017 and March 2018, David created over 100 counterfeit credit cards of the identity of “Kevin Douglas,” which ended up being encoded with legitimate charge card numbers belonging to others.
David then utilized the fraudulent credit cards to make more than 350 purchases of gift cards and merchandise at Lowe’s home improvement stores in Connecticut, Rhode Island, New York, New Jersey, Pennsylvania, Virginia, West Virginia, and Florida .
Durham said a common fraudulent transaction required the purchase of 1 or maybe more Lowe’s gift cards of the level of $400, along with shop merchandise.
For complete, Lowes suffered a loss of $183,576.05 through this program, this includes more than $21,000 in fraudulent transactions conducted at 15 Lowe’s areas in Connecticut before his arrest on Jan. sixteen last year.
Federal authorities did not release the particular spots of the Lowe’s stores.
David remains released on a $100,000 bond. He’s booked to be sentenced on Tuesday, Dec. 8, when he will face as much as 10 years in prison.