A fraudster confessed to using phony credit cards in a number of states – particularly Connecticut – to swipe lots of money from Lowe’s.
New York City resident Larell David, thirty, of Manhattan, pleaded guilty in Bridgeport this week to a scheme through which he defrauded the home improvement store out of over $183,000.
Specifically, David was charged with one count of access device fraud.
U.S. Lawyer John Durham stated that between July 2017 and March 2018, David created more than hundred counterfeit credit cards in the identity of “Kevin Douglas,” which ended up being encoded with legitimate charge card numbers belonging to others.
David then used the fraudulent credit cards to make over 350 purchases of gift cards and merchandise at Lowe’s home improvement stores in Florida, West Virginia, Virginia, Pennsylvania, New Jersey, New York, Rhode Island, and Connecticut .
Durham claimed a normal fraudulent transaction required the purchase of one or much more Lowe’s gift cards in the level of $400, along with retailer merchandise.
For total, Lowes suffered a loss of $183,576.05 through this scheme, this includes more than $21,000 in fraudulent transactions conducted at 15 Lowe’s areas in Connecticut before the arrest of his on Jan. 16 year that is last .
Federal authorities didn’t release the specific places of the Lowe’s shops.
David remains released on a $100,000 connect. He’s slated to be sentenced on Tuesday, Dec. 8, when he is going to face about 10 years in prison.