Memento provides next-generation technology and solutions that enable financial institutions to rethink and improve the way they combat fraud and manage compliance. Memento customers realize unmatched business value and rapid ROI.

bank fraud forum

5 men sentenced in 2 unrelated fraud cases

June 14, 2011
Total Loss: $600,000 - $5 Million

A federal judge in Las Vegas today sentenced five men to prison in two separate fraud-related cases, Nevada's U.S. Attorney Daniel Bogden said.

In one case, three men charged with stealing identities and using counterfeit credit or debit cards to withdraw money at ATMs and defrauding businesses of more than $600,000 were sentenced for their guilty pleas to conspiracy, fraud, identity theft and money laundering

Source: Las Vegas Sun
Posted in: Account Takeover Identity Theft Collusive Networks Debit Card Fraud Credit Card Fraud Check Fraud Money Laundering
Tags: id theftidentity theftmoney launderingAMLATM skimmingcard fraud