Bloods-linked gang members charged in $414G ID-theft ring

intruder

SOHH Class of 2003 and CASUAL sports fan
Supporter
Joined
May 4, 2012
Messages
30,467
Reputation
4,506
Daps
58,201
Reppin
Love
Who's the clown that used to be in here talking about gangs are black people's military, again? :mjlol:
 

Nemesis

Superstar
Joined
May 7, 2012
Messages
7,397
Reputation
2,361
Daps
25,407
Reppin
NULL
These dudes doing entry level scams we stopped doing 12 years ago...... at least they cant blame the Nigerians for this one ...lol

a lot of guys I know made their fortune off "back and front" and before that "bun and cheese".....

chip makes things easier to be honest...
 

O.Red

Veteran
Joined
Jun 1, 2012
Messages
20,199
Reputation
6,579
Daps
82,083
Reppin
NULL
This isn’t what rap group imagined their big break would look like | New York Post

This isn’t what rap group imagined their big break would look like

Credit-card fraudsters with ties to a hip-hop group that has a song titled “For A Scammer” spent months ripping off Manhattan’s toniest stores, sources said Tuesday.



Art apparently imitated life for the Brooklyn-based rappers — dubbed the “Pop Out Boyz” — after a yearlong investigation by the NYPD’s Financial Crimes Task Force led to the arrests of 39 affiliates and members this week, sources said.

Officials said that between May 2015 and April 2016, the defendants used stolen credit card information to make more than 200 purchases — ringing up approximately $258,000 at Barneys alone.

They also shopped at Saks Fifth Avenue and unsuccessfully tried to purchase $156,000 in goods and merchandise throughout the year as well.

Sources told The Post that the fraud operation ultimately fueled the group’s rap career.

In their song “For A Scammer,” which is posted to SoundCloud, the Pop Out Boyz can even be heard flaunting the spoils of their success.

“Watch the money do a backflip, early morning up at Saks Fifth, you see it you want it you have it … I just a hit a lick now I’m dabbin,” one of the rappers says.

Another repeatedly brags, “I’m cracking cards cause I’m a scammer” — seemingly referring to a new credit card scheme known as “card cracking.”

According to the American Bankers Association, the scam involves contacting a person through social media and letting criminals deposit phony checks into their bank accounts in exchange for a small cut of the illicit profits. But instead of paying up, the crooks typically remove all of their funds before the bank can determine that the check is counterfeit.

By the time the victim realizes the deposit is a fake, it’s too late — and they are left on the hook for any money that was withdrawn.

The suspects were rounded up Tuesday morning and hauled into Manhattan Supreme Court, where they were charged with grand larceny, criminal possession of a forged instrument, conspiracy, and criminal possession of stolen property, among other counts.

“As alleged, the members of this identity theft ring exploited stolen personal information to manufacture fake credit cards,” explained Police Commissioner Bill Bratton.

“With the forged instruments, the defendants shopped in Manhattan’s most high-end retail stores, all on someone else’s dime.”

Additional reporting by Emily Saul


:snoop:

So they made a rap song eh?

We're going to need a "Coli millennial young breh thread" much like the quick lil gems thread sticked at the top of the locker to offer some wise words for these fatherless brothers out here making a fool of themselves

They didn't learn from Bobby Schmurda about making songs detailing their criminal activity smh
http://www.thecoli.com/threads/how-to-move-like-a-boss-fly-101.11618/
 

Gonzo

Banned
Joined
Jul 29, 2012
Messages
6,181
Reputation
-167
Daps
26,853
Reppin
USA
anyone can start and LLC but everyone cannot run a business...

Well I say if they were able to run an illegal operation worth $414K I'd say they could find their way the legal way. They have the smarts and drive, unfortunately placed in the wrong pursuit. :yeshrug:
 

BocaRear

The World Is My Country, To Do Good Is My Religion
Joined
Dec 15, 2013
Messages
13,740
Reputation
6,525
Daps
78,732
Scamming ain't nothing new, you Coli nerds aint hip to this shyt. We call it deetsing in London and that shyt feeds nikkas fr. Shout out all my africans banging 419 and ACs ouchea

nikkas outchea in monclers, gucci, truey, louie :blessed:

Plus, everybody you scam gets their money refunded by the banks so the only people taking the L are those jewish mufukkas that own the banks :umad:

It's the best hustle, and if you're not an idiot like these guys you won't get caught. These nikkas got too greedy and moved too hot :ufdup:
 

BocaRear

The World Is My Country, To Do Good Is My Religion
Joined
Dec 15, 2013
Messages
13,740
Reputation
6,525
Daps
78,732

If you finesse less than a rack the bank won't waste it's time investigating because it'll cost more money to investigate.

Plus the person who's money is taken gets their money refunded.

Only person really losing out is the system :mjpls:
 

Poitier

My Words Law
Supporter
Joined
Jul 30, 2013
Messages
69,412
Reputation
15,494
Daps
246,426
If you finesse less than a rack the bank won't waste it's time investigating because it'll cost more money to investigate.

Plus the person who's money is taken gets their money refunded.

Only person really losing out is the system :mjpls:

A rack aint nothing but anything larger is a matter of WHEN not IF for most of these scammers.
 
Top