A fraudster admitted to using fake credit cards in several states – mainly Connecticut – to take lots of money from Lowe’s.
New York City resident Larell David, 30, of Manhattan, pleaded guilty in Bridgeport this week to a scheme through which he defrauded the home improvement store out of more than $183,000.
Particularly, David was charged with one count of access device fraud.
U.S. Attorney John Durham claimed that between July 2017 and March 2018, David created over 100 counterfeit credit cards in the name of “Kevin Douglas,” which were encoded with reputable charge card numbers belonging to others.
David then made use of the fraudulent credit cards to make over 350 purchases of gift cards and merchandise at Lowe’s home improvement stores in Connecticut, Rhode Island, New York, New Jersey, Pennsylvania, Virginia, West Virginia, and Florida .
Durham claimed a common fraudulent transaction involved the purchase of one or more Lowe’s gift cards of the quantity of $400, along with retailer merchandise.
For total, Lowes suffered a loss of $183,576.05 through this scheme, this includes much more than $21,000 in fraudulent transactions conducted at 15 Lowe’s locations in Connecticut before the arrest of his on Jan. 16 very last 12 months.
Federal authorities did not release the particular spots of the Lowe’s shops.
David remains released on a $100,000 connect. He is slated to be sentenced on Tuesday, Dec. eight, when he will face up to ten years in prison.