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Credit Card Applications » News » Other » Credit Fraud Perpetuated by Inmates

Credit Fraud Perpetuated by Inmates

March 17, 2010
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A few months ago, Carol Lindros had her purse stolen. Inside were personal and important things including credit cards and personal identification cards. To prevent credit card theft, she called up her credit card issuers to cancel her stolen credit card accounts. She then asked for replacement credit cards which she promptly received.

Little did she know that the thieves who got hold of her personal belongings were lying in wait. The thugs later on called the credit card companies and using her own personal information to gain access to her accounts, asked for Lindros' new credit information. Carol Lindros' brand new account numbers, passwords and codes were all that they needed to make unauthorized transactions.

Carol Lindros' credit card account information was then distributed to several people, among them inmates from different correctional facilities. Lindros was appalled when she discovered that there had been a number of unauthorized purchases listed in her credit card statement. One transaction was traced to a merchant who sells pre-paid cards to prisoners in different penitentiaries across the U.S.A. There were also transactions involving fund withdrawals from Lindros' credit card. All of the beneficiaries of the fund transfers were people serving time in different US jails.

Washington investigators who were on the case were able to listen in to some calls from prisoners that were identified as suspects. They later found out that these calls were not personal in nature. The calls were in fact private tutorials to individuals on how they can successfully pull off credit card fraud and theft.

Local authorities are presently coordinating with Lindros' credit card issuers to make sure that she would not shoulder the unauthorized entries in her bill. They have also asked the concerned companies to provide more security and safety features to Lindros' other credit cards.

Police investigators warned accomplices to the fraud that they too are liable and accountable for criminal persecution and they could serve lengthy prison sentences if found guilty, regardless if they were not principals to the crime. Authorities are starting to collect more evidence to link the people that the prisoners called from jail and who received orders and instructions to commit fraud.

They have also launched an information campaign reminding consumers especially those residing in the Washington area to be extra vigilant as these thugs are still on the prowl. They added that the group behind the latest credit card fraud case are experts in their "trade" and can carry out identity theft with relative ease. They advised cardholders to regularly check entries on their billing statements and to immediately report any suspicious purchases or transactions.

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