A fraudster mentioned to using phony credit cards in multiple states – particularly Connecticut – to steal lots of money from Lowe’s.
New York City resident Larell David, thirty, of Manhattan, pleaded guilty in Bridgeport this week to a pattern through which he defrauded the home improvement store out of more than $183,000.
Specifically, 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 around 100 counterfeit credit cards in the title of “Kevin Douglas,” that had been encoded with genuine charge card numbers belonging to other individuals.
David then used the fraudulent credit cards to produce 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 common fraudulent transaction required the purchase of 1 or more Lowe’s gift cards of the level of $400, in addition to retailer merchandise.
For total, Lowes suffered a loss of $183,576.05 through this system, this includes more than $21,000 in fraudulent transactions conducted at fifteen Lowe’s locations in Connecticut before the arrest of his on Jan. sixteen last year.
Federal authorities did not release the particular locations of the Lowe’s stores.
David remains released on a $100,000 bond. He’s slated to be sentenced on Tuesday, Dec. eight, when he is going to face up to 10 years in prison.