The Washington Post reports a 35-year-old Southeast Washington woman was sentenced to 2 1/2 years in federal prison for using the purloined identities of Library of Congress employees to purchases nearly $40,000 in goods. Federal prosecutors said Labiska Gibbs enlisted a relative, a Library of Congress worker, to access an internal database and give her the names, birth dates and Social Security numbers of at least 10 employees, prosecutors said. Gibbs used that information to open credit accounts at retailers, including Target and Victoria’s Secret.
The Washington Post reports a 35-year-old Southeast Washington woman was sentenced to 2 1/2 years in federal prison for using the purloined identities of Library of Congress employees to purchases nearly $40,000 in goods. Federal prosecutors said Labiska Gibbs enlisted a relative, a Library of Congress worker, to access an internal database and give her the names, birth dates and Social Security numbers of at least 10 employees, prosecutors said. Gibbs used that information to open credit accounts at retailers, including Target and Victoria’s Secret.
ACI Worldwide, Inc. announced that its global card fraud survey revealed that 18 per cent of consumers questioned have been victims of credit or debit card fraud in the past five years. The research, of more than 2,400 consumers across eight countries, also found that if an individual or someone they knew was hit by card fraud, 22 per cent would change financial institutions, and a further 27 per cent would consider changing financial institutions.
The Federal Reserve Bank of Chicago released a Letter that assesses the landscape of payments fraud: “As payments shift away from paper-based forms toward electronic instruments, consumers face an increasing array of payments options that entail different fraud risks.”
