16 indicted in alleged Denver fraud ring
December 2, 2010
Total Loss:
$300,000
Sixteen people from Russia and Tajikistan have been indicted on charges of creating a ring that defrauded Denver banks of more than $300,000. A grand jury indictment returned Nov. 10 and unsealed Tuesday accuses the suspects of theft, conspiracy, and criminal impersonation. Four of the suspects face charges of violating the Colorado Organized Crime Control Act.
Source:
Bloomberg Business Week
Posted in:
New Account Fraud
Check Fraud
Debit Card Fraud