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US Attorney Announces Charges Against Two Men in a $10 Million ID Theft Scheme

March 31, 2011
Total Loss: $10 Million

PREET BHARARA, the United States Attorney for the Southern District of New York, JANICE FEDARCYK, Assistant Director in Charge of the New York Field Office of the Federal Bureau of Investigation (“FBI”), and CHARLES PINE, Special Agent in Charge of the New York Field Office of the Internal Revenue Service (“IRS”), announced the filing of charges against CHRISTOPHER CAVOUNIS and JAGDESH COOMA for orchestrating a scheme to defraud several banks of at least $10 million by obtaining commercial loans and lines of credit using false and fraudulent documents.

Source: FBI
Posted in: Account Takeover Identity Theft
Tags: ID theftidentity theftfraud