Minneapolis-St. Paul, Minnesota: Eleven people have been charged in federal court in the Twin Cities with fraud for a counterfeit credit card scam that allegedly netted them more than $650,000.
The defendants were charged last week with using the bogus cards to withdraw the cash from more than 170 automatic teller machines in the metro area.
According to the criminal complaint filed last week in U.S. District Court, the defendants obtained personal information about customers of Capital One Bank from an online source based in the Ukraine.
With the stolen information in hand, the defendants allegedly manufactured the counterfeit cards with that information. They were then able to obtain new personal ID numbers from the bank which allowed them to withdraw $652,205 from the teller machines.
According to the complaint, some of the stolen money was converted into cashier checks and used to purchase vehicle parts or vehicles with salvage titles; the vehicles were then shipped to Nigeria, and sold at inflated prices.
Some of the defendants allegedly recruited Nigerian residents in Minneapolis to buy vehicles at auto auctions, giving them cash to make the purchases.
According to a U.S. Secret Service affidavit, one of the defendants bragged about how he could not "get caught conducting his illegal activity" because he was "very good at covering his tracks."
Charged with one count of bank fraud and one count of access device fraud are Adekunle Kayode Ayeni, 27, Yewande Mariam Sholebo, unknown age, Adewale Alba Alli, unknown age, Olayemi Lateef Banjoko, unknown age, Idowu Ayinla Sadiq, unknown age, Abiodun Banjoko, unknown age, and Oyetoyin Oseni Atobatele, unknown age, all of Fridley; along with Bashiru Adelumola Fowoshere, 36, and Titilayo Abidewi Fowoshere, unknown age, both of Ramsey; Oriyomi Enitan Olowosago, unknown age, Brooklyn Park; and Ajibola Alli Fowoshere, 34, address unknown.
Eight of the 11 were arrested last Friday, when they also made their initial court appearance. Three remain at large.