Two charged for their roles in a $30 million bank fraud and ID theft ring

A Miami Beach, Fla., man and his driver were charged Thursday in a Superseding Indictment for their roles in a telemarketing fraud and identity theft scheme that attempted to defraud financial institutions and their account holders throughout the United States of millions of dollars through the unauthorized and fraudulent debit of customer bank accounts.Acting U.S. Attorney Ralph J. Marra, Jr. of the U.S. Attorney's Office for the District of New Jersey announced that Robert Sacks, 49, and his driver, Diego Hernandez, 31, a Venezuelan citizen residing in Miami, who both were arrested on Dec. 10, 2008, along with seven additional defendants, will be arraigned on a 42-count Superseding Indictment before U.S. District Judge Garrett E. Brown, Jr., on Oct. 13 and Oct. 8, respectively. A trial for the two defendants is schedule to begin on Nov. 10, 2009. Sacks and Hernandez are the final two remaining defendants out of 17 charged in connection with an international bank fraud ring busted for attempting to debit well over 100,000 customer accounts for more than $30 million. The other 15 co-conspirators from Canada, New Jersey, Florida, Colorado and Michigan have already pleaded guilty for their participation in the conspiracy. Posted in: Account Takeover Identity Theft