Memento provides next-generation technology and solutions that enable financial institutions to rethink and improve the way they combat fraud and manage compliance. Memento customers realize unmatched business value and rapid ROI.

bank fraud forum

Californian Admits Guilt in Cross-Country Fraud Scheme

August 25, 2009
Total Loss: $93,865
A con man who made illegal cash withdrawals from Bank of America branches across the country pleaded guilty Monday to bank fraud. Larry Mahomes, 58, of California was caught May 14 when he tried to withdraw $3,300 from a Bank of America branch in Oklahoma City using a counterfeit Connecticut driver's license and a counterfeit credit card. "Mahomes admitted to traveling to Oregon, Washington, Rhode Island, Massachusetts and Kansas to assume the identities of other people and withdraw funds from their Bank of America accounts,” a U.S. Secret Service agent reported.
Source: NewsOK
Posted in: Credit Card Fraud
Tags: account takeovercredit cardidentity theft