Prisoner makes $1 million selling Apple devices purchased with forged credit cardsHow often do you hear about criminals behind bars committing crimes out of prison while still behind bars? Not very often. An inmate from the Rikers Island prison managed to mastermind a scam to forge credit cards that were used to buy over $1 million worth of iPads and Apple computers. The prisoner, Shaheed Bilal, instructed his girlfriend and 3 younger brothers on how to encode the magnetic strips on credit cards with stolen financial information. His girlfriend and siblings went on to forge the credit cards, pass them to a network of underlings who went around the country purchasing the tablets and computers. The devices were then sold at a discounted rate for cash, thus netting them money from nothing. The scam has been going on since June 2008 and the authorities have finally cracked down on the case. It looks like Shaheed Bilal won’t be leaving his cell any time soon.

This article was filed in Homepage > Apple > Computers > Tablets and was tagged with Apple Inc, computer, credit card, iPad and scam.
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