A fraudster confessed to using bogus credit cards in multiple states – mainly Connecticut – to swipe thousands of dollars from Lowe’s.
New York City resident Larell David, 30, of Manhattan, pleaded guilty in Bridgeport this week to a pattern through that he defrauded the home improvement store out of around $183,000.
Specifically, David was charged with a single count of access device fraud.
U.S. Lawyer John Durham stated that between July 2017 and March 2018, David produced over hundred counterfeit credit cards in the title of “Kevin Douglas,” that were encoded with legit credit card numbers belonging to other people.
David then utilized the fraudulent credit cards to produce 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 said a common fraudulent transaction involved the purchase of 1 or maybe more Lowe’s gift cards in the total amount of $400, and also shop merchandise.
For total, 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 the arrest of his on Jan. 16 12 months which is very last.
Federal authorities did not release the specific spots of the Lowe’s stores.
David continues to be released on a $100,000 connect. He is booked to be sentenced on Tuesday, Dec. 8, when he will face as much as 10 years in prison.