Authorities crack down on ‘cracking cards,’ charging 19

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Law-enforcement from several agencies rounded up 19 people in Chicago connected to their lengthy investigation of a growing scam - cracking cards.

Chicago is at the epicenter of this con-game, but it has grown across the country.

The con-men are especially targeting college students.

Investigators are still looking for 10 more suspects.

Cracking cards is less risk, more reward and has been going on for years.

But, social media has added an extra layer of anonymity for the con-men, making it that much harder for authorities to catch them.

Christopher Cain is charged in the scam. Officials say he deposited fake checks to obtain $6,000.

Here’s how it works: The con-men solicit people on social media and convince them to give up their banking information, their debit card and pin number.

Once they get your card and the necessary information, they deposit a phony check at the ATM, or now even with a mobile app, and withdraws the funds from the ATM, Currency Exchange or even a casino before the bank realizes the check was no good.

It’s cost banks millions of dollars in recent years, but there’s plenty of risk for you too.  In some cases, banks are forcing people to pay it back.

Officials say only a small percentage are duped. Most participants provide their debit cards and pin number,  hoping to gain some of the profit.

A college student thought he was making an easy buck, but the scam ended up costing him.

He filed a police report and contacted his bank, but in the end, the bank charged him $1200.

A costly lesson for him and a valuable lesson for you: do not give out your bank card, bank info or pin number.

Investigators are still looking for these nine suspects: Rasheed Thurman, Samje Davis, Mahlik Washington, Javon Turner, Blake Williams, Kevin Thunderbird, Antwan Kinerman, Donnivan Allen, and Tyrone Bullock.

crackingcardswanted

Police investigators say do not give out your bank card, bank info or pin number.

 

 

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6 comments

    • haze

      Bernie maddoff is white he embezzled billions of dollars for over a decade before the authorities caught him. The enron embezzlement scandal, and the wall street hedge fund scandal have all been led by white guys. Think before you try to be racist because your mother could have lost her home or job due to the level of fraud these “White guys” have committed. It’s ok when a white guy embezzles billions but when a hand full of black guys fraud insured bank money all hell breaks loose? Welcome to America!!

  • haze

    It’s ok when a white guy embezzles billions but when a hand full of black guys fraud insured bank money all hell breaks loose? Welcome to America!!