Ione, CA—Six people were arrested during a traffic stop and search that uncovered stolen debit cards, credit cards, IDs, and even postal master keys.
After recently pulling over a Toyota Avalon sedan in the area of Martin Lane and Highway 88 in Ione with six occupants, an Amador County Sheriff’s deputy discovered numerous identification documents, debit cards, credit cards, checks, and personal identifying information belonging to multiple victims inside the car. Sheriff’s officials say they also discovered several US Postal Service master keys, used to access communal mailboxes, as well as a lot of mail addressed to other people.
The vehicle search also yielded equipment and materials used to create and alter bank cards and checks, as well as several bogus IDs, bank cards, and financial documents at various stages of modification. Methamphetamine and drug paraphernalia were also…
This type of fraud targets the supply chain and accounts payable departments of businesses.
- Invoice Manipulation: Criminals intercept a legitimate invoice between a supplier and a client and change the banking details to their own. The client pays the bill thinking they are paying their trusted vendor.
- Kickbacks and Bribery: A vendor secretly pays an employee of the purchasing company to ensure their bid is successful or to overlook inflated pricing.