Arrests Made In Credit Card Scam
The Garden City Police report the arrest of four Queens residents for a credit card scam involving the encoding of credit cards. On Monday May 18th Garden City detectives were contacted by Sears Loss prevention of a possible credit fraud. Sears investigators stated that 2 subjects entered the Garden City Sears and purchased several thousands of dollars of electronics equipment paying for them with a credit card. However the account number on the card did not match the account number on the receipt.
Further Investigation by GCPD Detectives revealed that several other purchases were made in the past using encoded cards. Also, the subjects had purchased a large flat screen TV but had not picked it up yet. Two subjects were identified and the vehicle they were using was located. A surveillance of the location was initiated. The merchandise pickup account for the TV was also monitored.
On Thursday May 21, four subjects were observed arriving at the Sears merchandise pick up area requesting the large screen TV. After a brief investigation at the scene they were placed under arrest. The subjects were found in possession of nine fraudulently encoded cards. Also an encoding machine was recovered from one subject's home.
The investigation revealed that one subject had purchased a credit card encoder from the internet. This is a machine that adds account information to the magnetic stripe on the rear of a credit card. He then purchased account information which are referred to as "dumps". These dumps are a 37 digit number which contain account information of unsuspecting victims. They are illegally obtained and sold on the internet.
Using a computer and special program, the subject would then take a credit card which was issued in his own name and change the magnetic stripe to a "dump". When the subject made a purchase and was asked for identification from the cashier, the information on the face of the credit card would match the information on the corresponding ID. However, when swiped the magnetic stripe would contain the information of an identity theft victim who would then be charged for the merchandise.
The subjects were charged with 18 counts of Grand Larceny, Criminal Possession of Forged Instruments, and Identity Theft. At this time the total loss is valued in excess of $17,000. They were processed and held pending arraignment in First District Court. The investigation is continuing.
The subjects are identified as: Andrew Pottinger, age 18, Queens Village; Ayodele Rosiji, age 20, Hollis; Rashiem Davis, age 19, Hollis and Phillip Baly, age 22, Cambria Heights.
Assisting in the investigation were Detectives from the following Nassau County Police Department Squads: Intelligence Section, 3rd Squad, Crimes Against Property Squad.