National Jeweler Network

Market Developments

Police on hunt for another credit card fraud gang

By Michelle Graff

August 11, 2014

This still provided by the JSA shows the woman who was just arrested in Providence for her alleged connection to a credit card fraud scheme in Pennsylvania. The two Hispanic women pictured also are believed to have committed fraud and remain at large.

Providence, R.I.--One woman has been arrested and two remain at large in the second case in recent months of criminals perpetrating credit card fraud schemes on jewelers.  

According to an alert circulated Friday by the Jewelers’ Security Alliance, a woman believed to have participated in an in-store credit fraud scheme at Lancaster, Pa. jewelry store in June was arrested Aug. 2 at a jewelry store in Providence, R.I.  

The store owner recognized the suspect, who was applying for in-store credit, from an earlier JSA alert. The police were called and the suspect arrested. The JSA alert did not list the suspect’s name and the Providence police could not immediately be reached for comment Friday. 

According to the JSA, the suspect who was arrested is believed to have worked in concert with two Hispanic females in the past. 

It is believed that all three participated in the in-store fraud scheme perpetrated on the Lancaster jeweler and, at the time, were driving a silver Honda with a license plate that came back as stolen when run by police. 

One of the two Hispanic women (the one pictured on the left in the still from the security camera) also is wanted in connection with a separate fraud at a jewelry store in Allentown, Pa.  

The two Hispanic suspects remain at large. 

RELATED CONTENT: Two arrested in connection with credit fraud gang

News of this small gang allegedly committing credit card fraud comes less than a month after two suspects believed to be part of a larger fraud ring were arrested within hours of each other in different states

Separate from the three suspects above, this gang consists of Asian men who are accused of using stolen identities to obtain store credit cards and then purchase merchandise with them. This gang is believed to be responsible for more than $1 million in losses at multiple stores and are known for presenting California driver’s licenses when applying for in-store credit.

While two members were arrested on July 11, other members of this gang remain at large and active. The JSA advises retailers to check driver’s licenses carefully, front and back, and decline the sale and call police if fraud is suspected.