Group Of 10 Makes More Than $1.5 Million From ID Theft Ring

Ten people from Florida and other states have been convicted and sentenced for their roles in a money laundering ring that included identity theft and credit card fraud, netting more than $1.5 million in profits.

Among the expenses charged on fraudulently obtained credit cards, the U.S. Attorney’s Office said: a Rolex watch valued at $14,065; spa services and other items at Acqualina Resort and Spa in Sunny Isles Beach that cost $1,299; and eye surgery totaling about $5,000.

In April 2018, the 10 involved were indicted on federal charges including conspiracy to commit access device fraud, producing, using, and trafficking in counterfeit access devices and aggravated identity theft.

According to the feds, the group “used the personal identifying information of other individuals to open credit card accounts without the victims’ knowledge or consent.”