New York Identity Theft Ring Stopped

Authorities have recently arrested and indicted 5 members of an identity theft ring that targeted individuals from the Forbes magazine’s ranking of the 400 richest Americans.

The Manhattan District Attorney (DA) Robert M. Morgenthau mentions the members of the ring were charged with stealing $1.5 million and attempting to get another $10.7 million from victims’ financial accounts.

Igor Klopov, a 24-year-old Russian was the leader of the ring who sifted through the internet to find personal identifying information of the ring's victims.

The charges in the case included conspiracy in the fourth degree, money laundering in the first degree, attempted money laundering in the first degree, identity theft in the first degree, and others as well.