A fraudster confessed to using fake credit cards in multiple states – particularly Connecticut – to steal lots of money from Lowe’s.
New York City resident Larell David, thirty, of Manhattan, pleaded guilty in Bridgeport this week to a pattern through which he defrauded the home improvement store out of around $183,000.
Precisely, David was charged with one matter of access device fraud.
U.S. Legal professional John Durham stated that between July 2017 and March 2018, David produced over 100 counterfeit credit cards of the title of “Kevin Douglas,” that ended up being encoded with legit credit card numbers belonging to other people.
David then used the fraudulent credit cards to produce more than 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 stated a typical fraudulent transaction required the purchase of one or more Lowe’s gift cards of the total amount of $400, in addition to retailer merchandise.
In complete, Lowes suffered a loss of $183,576.05 through this program, including much more than $21,000 in fraudulent transactions conducted at fifteen Lowe’s areas in Connecticut before the arrest of his on Jan. 16 12 months which is very last.
Federal authorities did not release the specific locations of the Lowe’s shops.
David remains released on a $100,000 connect. He is slated to be sentenced on Tuesday, Dec. 8, when he will face up to ten years in prison.