Millions stolen in inside heist: NYPD, hospitals hit in ID theft at banks
May 28, 2009
Total Loss:
$1 Million
Two Bronx men were accused Wednesday of masterminding a brazen bank fraud scheme in which they ripped off churches, hospitals and charities by recruiting 950 "soldiers" to cash bogus checks. Jasper Grayson, 25, and James Malloy, 26, are accused of cashing millions of dollars in counterfeit checks they had dummied with customer information obtained from crooked bank tellers.
Using payroll stubs they'd purchased from employees, the counterfeiters hacked into more than 300 accounts, including those of Madison Square Garden, Our Lady of Mount Carmel Church, Harlem Children's Zone, Montefiore Medical Center and even the NYPD, authorities said.
Source:
NY Daily News
Posted in:
Check Fraud