A fraudster confessed to using fake credit cards in multiple states – specifically Connecticut – to take thousands of dollars 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 around $183,000.
Precisely, David was charged with just one matter of access device fraud.
U.S. Lawyer John Durham said that between July 2017 and March 2018, David developed over hundred counterfeit credit cards of the identity of “Kevin Douglas,” that ended up being encoded with legit credit card numbers belonging to others.
David then made use of the fraudulent credit cards to create 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 stated a typical fraudulent transaction required the purchase of 1 or perhaps much more Lowe’s gift cards in the amount of $400, along with retailer merchandise.
In complete, Lowes suffered a loss of $183,576.05 through this program, which includes more than $21,000 in fraudulent transactions conducted at 15 Lowe’s places in Connecticut before his arrest on Jan. sixteen 12 months which is very last.
Federal authorities did not release the specific locations of the Lowe’s stores.
David is still released on a $100,000 bond. He is booked to be sentenced on Tuesday, Dec. eight, when he will face as much as ten years in prison.