NY ID Theft Ring Used Insiders, Gang Members
Summary: Manhattan authorities unsealed indictments against 55 people accused of running an identity theft and financial fraud ring that stole more than $2 million from hundreds of customers, with insiders at JP Morgan Chase, the United Jewish Appeal-Federation, AKAM Associates and a Brooklyn car dealership allegedly selling client data to middlemen. Prosecutors said the 18-month investigation found more than a dozen defendants had violent criminal records and belonged to Brooklyn street gangs, and that two targets of the investigation were murdered during its course.
Bottom line: The ring's core was not a technical exploit but employees with legitimate access to customer and donor data, and the case file notes that when one murdered target's body was found, police recovered a check from an identity theft victim who had donated to the United Jewish Appeal - a reminder that insider data sales can feed organizations willing to kill over the proceeds.
Read the original at Krebs on Security ↗
- Topics
- Data Breaches
- Related
- TSMC employee data breach linked to cloud provider Cyber Risks · Nov 15, 2026Data Breach at La Poste Subsidiary Maileva Affects 22 Million People in France Cyber Risks · Nov 15, 2026City of Osaka warns of data breach impacting 1 million as Japan reels from dozens of cyber incidents Cyber Risks · Nov 13, 2026