A fraudster admitted to using bogus credit cards in multiple states – mainly Connecticut – to take a lot of money from Lowe’s.
New York City resident Larell David, 30, of Manhattan, pleaded guilty in Bridgeport this week to a scheme through that he defrauded the home improvement store out of around $183,000.
Particularly, David was charged with one count of access device fraud.
U.S. Lawyer John Durham claimed that between July 2017 and March 2018, David produced more than 100 counterfeit credit cards of the identity of “Kevin Douglas,” which ended up being encoded with genuine credit card numbers belonging to others.
David then made use of the fraudulent credit cards to produce over 350 purchases of merchandise and gift cards at Lowe’s home improvement stores in Florida, West Virginia, Virginia, Pennsylvania, New Jersey, New York, Rhode Island, and Connecticut .
Durham said a normal fraudulent transaction involved the purchase of one or more Lowe’s gift cards in the level of $400, along with retailer merchandise.
For complete, Lowes suffered a loss of $183,576.05 through this scheme, this includes more than $21,000 in fraudulent transactions conducted at fifteen Lowe’s locations in Connecticut before the arrest of his on Jan. 16 last year.
Federal authorities did not release the particular spots of the Lowe’s shops.
David is still released on a $100,000 connect. He is booked to be sentenced on Tuesday, Dec. eight, when he is going to face up to ten years in prison.