The Money Coach
  • About
    • Meet Lynnette
    • Media Kit
  • Contact
  • Subscribe
  • QR Code
  • Books
  • Categories
  • Coaching
  • Hire Lynnette
  • Money Coach University™
  • The Money Coach Recommends™
No Result
View All Result
The Money Coach
  • About
    • Meet Lynnette
    • Media Kit
  • Contact
  • Subscribe
  • QR Code
No Result
View All Result
The Money Coach
No Result
View All Result

Stolen Credit Cards Used to Buy 85 iPads Worth $50,000

Lynnette Khalfani-Cox, The Money Coach by Lynnette Khalfani-Cox, The Money Coach
in Identity Theft
Reading Time: 1 min read
scams
9
SHARES
154
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn

Two men have been accused of using stolen credit cards to purchase high priced electronics like iPads. The iPads were then resold for cash.

Police say the men are are part of a large-scale credit card fraud operation that hit Target stores in Illinois.

The suspects, who were under surveillance, were nabbed after they made a fraudulent purchase at an area Target store.

Their arrest led police to discover a credit-card manufacturing operation with a large quantity of re-encoded credit cards, prepaid cards and gift cards.

Police found 85 iPads, $10,000 in cash and a handgun. The iPads were valued at over $50,000.

The suspects arrested are Jerome Taylor, 41, who was charged with one count of Organizer/ Financial Crime Enterprise; and Michael Nixon, 40, who is charged with one count of Continuing Financial Crime Enterprise.

Unfortunately, identity theft – which includes theft of your Social Security number, credit card data or other personal information – is on the rise in the U.S. Click here to learn how to prevent identity theft.

Tags: credit card fraud
Previous Post

The 3 Smartest, Best Gifts to Give Someone You Love This Holiday Season

Next Post

Get Your FICO Credit Score Free and Help Your Credit Rating

Related Posts

Identity Theft Victim What to Do Ask The Money Coach

Victim of Identity Theft? Here’s What to Do

by Guest Blogger

In 2017, 16.7 million people were victims of identity theft, suffering a record $16.8 billion in losses. Today, many of our standard transactions like banking, bill paying, and even shopping are online. The growth of online activity has increased convenience for consumers, but the continuous exchange of personal information online has likely...

Equifax Data Breach

How to Protect Your Credit After The Equifax Data Breach

by Lynnette Khalfani-Cox, The Money Coach

Scores of Americans are worried about the latest huge cyber hack in the U.S., an Equifax data breach that could impact up to 143 million consumers nationwide. Equifax, one of the country’s biggest credit bureaus, says cyber criminals hacked into its systems and gained unlawful access to people’s Social Security...

Equifax Hack

The Equifax Hack: What Equifax Got Right and Wrong Amid Data Breach

by Lynnette Khalfani-Cox, The Money Coach

Equifax, one the nation’s largest credit reporting agencies, suffered a massive data breach that affected up to 143 million Americans – nearly half the population in the United States. Here’s a look at both sides, in the hopes that Equifax and other organizations will learn some do’s and don’ts when...

How to Keep Hackers From Ruining Your Financial Life

How to Keep Hackers From Ruining Your Financial Life

by Lynnette Khalfani-Cox, The Money Coach

Hackers have victimized tens of millions of Americans lately by stealing personal information ranging from credit card accounts to Social Security numbers. With such information, a hacker or identity thief can open new loans or accounts in your name, file a fraudulent tax return, or even empty your bank accounts...

phishing scams

Watch Out for Tax-Related Phishing Scams

by Guest Blogger

Just because your tax return has been filed and any refund may have already been spent or tucked away in savings, that doesn’t mean thieves are done trying to get their hands on your data or your cash. This is the time of year when identity thieves are on the...

filed taxes in your name

Did Someone Use Your Social Security Number to File Taxes? Here’s What to do

by Lynnette Khalfani-Cox, The Money Coach

The IRS says that millions of people have become victims of con artists that have used the victim's social security numbers to file taxes. Once the scammers file taxes, they turn around and collect tax refunds from the government. Meanwhile, not only has the victim's identity been stolen, they are...

How to Safeguard Your Tax Refund and Your Credit From Identity Theft

by Guest Blogger

Imagine filing your federal taxes with the Internal Revenue Service, only to have your tax return rejected because some crook has already used your Social Security number and claimed a bogus tax refund. All of a sudden you face an IRS nightmare. You must prove your identity to the feds....

Load More

Popular Posts

  • Car repair

    What to Do If You Can’t Afford a Car Repair Bill

    1369 shares
    Share 548 Tweet 342
  • What to Do if Your Spouse Stole Money From You

    1159 shares
    Share 464 Tweet 290
  • What to Do If You Can’t Afford to Leave Your Spouse

    1097 shares
    Share 439 Tweet 274
  • Here’s Why I Pay My Kids For Good Grades (And Maybe You Should Too)

    999 shares
    Share 399 Tweet 250
  • What Do All Those Strange Codes In My Credit Report Mean?

    809 shares
    Share 324 Tweet 202
  • Do This Now If Your Wages Were Not Reported

    736 shares
    Share 294 Tweet 184
  • How to Find Out if a Debt Collector is Licensed to Collect Your Debt

    713 shares
    Share 285 Tweet 178

All information on this blog is for educational purposes only. Lynnette Khalfani-Cox, The Money Coach, is not a certified financial planner, registered investment adviser, or attorney. If you need specialty financial, investment or legal advice, please consult the appropriate professional. Advertising Disclosure: This site may accept advertising, affiliate payments or other forms of compensation from companies mentioned in articles. This compensation may impact how and where products and companies appear on this site. AskTheMoneyCoach™ and Lynnette Khalfani-Cox, The Money Coach® are trademarks of TheMoneyCoach.net, LLC.

©2009-2023 TheMoneyCoach.net, LLC. All Rights Reserved.

RSS / Sitemap /Submit an Article / Privacy Policy / LynnetteKhalfaniCox.com

No Result
View All Result
  • Books
  • Categories
  • Contact Lynnette
  • Get Coaching
  • Hire Lynnette
  • Money Coach University™
  • The Money Coach Recommends™
  • Home
  • Subscribe to Newsletter
  • QR Code

©2009-2021 TheMoneyCoach.net, LLC. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist