Georgia Man Pleads Guilty to $36.6 Million Worth of ID Theft

By Kara Reeder | Apr 22, 2011 | Print this Page
http://www.enterprisenetworkingplanet.com/netsecur/georgia-man-pleads-guilty-366-million-worth-id-theft
A Georgia man has pleaded guilty to trafficking in counterfeit credit cards and aggravated identity theft in connection with a $36.6 million credit card fraud case, reports PCWorld.com. Rogelio Hackett Jr. faces up to 12 years in prison, as well as fines of up to twice the losses suffered by victims. 

Court documents say that Hackett obtained credit card information either by hacking into businesses' computer networks or by purchasing stolen credit card numbers through online "carding forums." According to The Wall Street Journal, a 2009 raid turned up more than 675,000 stolen credit-card numbers at his home. Sentencing is scheduled for July 22, 2011.