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57 Indicted In Alleged Check Fraud Ring

January 15, 2010
Total Loss: $415,000
Police said it's a crime ring that involved about 90 people, several local banks, hundreds of thousands of dollars and operated for three years in the Louisville area. And after a lengthy investigation, 57 people were indicted in connection with that alleged ring this week. Investigators said it was an identity theft, bank fraud and counterfeit check ring. WLKY first reported on this case in May 2008, when the first 10 suspects were indicted. Police said each of the 57 people indicted this week was a piece of a well-oiled criminal conglomerate.
Source: WLKY
Posted in: Check Fraud
Tags: checkover 100kcollusive network