A fraudster mentioned to using bogus credit cards in several states – specifically Connecticut – to swipe 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 which he defrauded the home improvement store out of over $183,000.
Specifically, David was charged with one matter of access device fraud.
U.S. Lawyer John Durham said that between July 2017 and March 2018, David produced over 100 counterfeit credit cards in the title of “Kevin Douglas,” that were encoded with authentic credit card numbers belonging to others.
David then utilized 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 common fraudulent transaction required the purchase of 1 or more Lowe’s gift cards in the quantity of $400, along with shop merchandise.
For complete, Lowes suffered a loss of $183,576.05 through this program, this includes much more than $21,000 in fraudulent transactions conducted at 15 Lowe’s locations in Connecticut before his arrest on Jan. 16 year which is very last.
Federal authorities didn’t release the specific spots of the Lowe’s stores.
David continues to be released on a $100,000 bond. He’s scheduled to be sentenced on Tuesday, Dec. eight, when he will face as much as 10 years in prison.