Thief uses stolen credit cards and Apple Pay to buy Bitcoin

An identity theft thief used stolen credit cards and Apple Pay to purchase more than $ 600,000 in luxury goods and nearly $ 100,000 in Bitcoin.

After purchasing more than 500 stolen credit card numbers on the dark web, Atlanta resident Aaron Laws had put on an elaborate plan that has now led him to a three-year prison sentence. The man and his accomplices had entered stolen credit card numbers into some iPhones with Apple Pay, allowing them to make purchases without presenting a physical card.

Between February 2017 and December 2018, Laws and his gang bought more than $ 600,000 in luxury goods, including MacBook, iPhone, a $ 35,000 Rolex watch, and a diamond-encrusted medallion in the shape of the Bitcoin symbol. The gang made purchases at several stores, including Apple Store, Best Buy, and jewelers.

On August 23, 2017, Laws also has bought Bitcoin worth $ 93,000. At the time, a Bitcoin was worth around $ 4,000, so today that purchase is worth something like $ 745,000.

Laws pleaded guilty, vindicating his past of depression and drug abuse after a knee injury that prevented him from continuing to play basketball during his college years.

The man was sentenced to three years in prison and to pay $ 624,000.

News

Source: iPhone Italia by www.iphoneitalia.com.

*The article has been translated based on the content of iPhone Italia by www.iphoneitalia.com. If there is any problem regarding the content, copyright, please leave a report below the article. We will try to process as quickly as possible to protect the rights of the author. Thank you very much!

*We just want readers to access information more quickly and easily with other multilingual content, instead of information only available in a certain language.

*We always respect the copyright of the content of the author and always include the original link of the source article.If the author disagrees, just leave the report below the article, the article will be edited or deleted at the request of the author. Thanks very much! Best regards!