Investigators Bust Nationwide Synthetic ID Fraud Operation Involving Several CUs

Thirteen people are accused of allegedly stealing more than $1 million from 10 credit unions and nine banks.

By Peter Strozniak | September 28, 2020 at 02:53 PM

stolen identity using a fake social security card

Federal and New York police investigators charged 13 persons and three businesses in connection to a nationwide scheme that created synthetic identities to fraudulently obtain more than $1 million in loans and credit cards from 10 credit unions and nine banks.

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Fraud & Enforcement

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3 Man Pleads Guilty in Credit Union Fraud Ring Conspiracy

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5 CU Loses Nearly $300,000 in Four Hours With ATM Skimming Device

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