Recruiters in the conspiracy are accused of trafficking and buying stolen information.

'These insiders used their positions to gain access to client data, and then sold that data to make money for themselves and their accomplices.' 'Today's indictment reveals another tool of organized identity thieves - insiders who betray their employers and prey on clients,' said Manhattan District Attorney Cyrus R. The 18-month investigation, which relied on court-ordered eavesdropping, physical surveillance, computer forensics and analysis of credit card, banking and phone records, remains open. The charges include conspiracy to commit grand larceny, grand larceny, criminal possession of stolen property, identity theft and criminal possession of a forged instrument. Between May 2010 and September 2011, the New York crime ring is accused of stealing more than $2 million from JPMorgan Chase Bank, TD Bank, Citibank, Discover and American Express.

federal authorities have indicted 55 suspects for their alleged involvement in an identity-theft and financial crime ring that used insiders at banks, a non-profit institution, a high-end car dealership and a real-estate management company to steal personally identifiable information from more than 200 individuals and organizations.Īccording to charges filed by the Manhattan District Attorney, stolen names, dates of birth, addresses, Social Security numbers and financial information were used through a variety of schemes to defraud victims and financial institutions.

Two face bust bank