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N.J. authorities break up bank-fraud ring

July 8, 2009
Total Loss: $650,000
New Jersey authorities yesterday said they had broken up a massive bank-fraud ring organized by a street gang that used sophisticated digital equipment to steal more than $300,000 from eight banks, including branches in Burlington and Camden Counties. A total of 33 people - including eight members of the Nine Trey Gangsters set of the Bloods - have been charged in the scheme that involved more than $654,000 in counterfeit checks, New Jersey Attorney General Anne Milgram said.
Source: Philadelphia Inquirer
Posted in: Check Fraud
Tags: checkddacollusive networkover 500k