A fraudster admitted to using fake credit cards in a number of states – specifically Connecticut – to steal 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 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. Attorney John Durham claimed that between July 2017 and March 2018, David produced more than 100 counterfeit credit cards of the name of “Kevin Douglas,” that were encoded with legit charge card numbers belonging to others.
David then made use of the fraudulent credit cards to make 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 claimed a common fraudulent transaction required the purchase of one or much more Lowe’s gift cards of the quantity of $400, and also shop 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 15 Lowe’s places in Connecticut before the arrest of his on Jan. sixteen 12 months which is very last.
Federal authorities didn’t release the specific locations of the Lowe’s stores.
David continues to be released on a $100,000 bond. He’s slated to be sentenced on Tuesday, Dec. 8, when he is going to face up to 10 years in prison.