Feds have linked a counterfeit-check ring to recent thefts from TD Bank accounts — the third scam to involve a TD Bank employee.
Authorities say two Philadelphia men ran an identify theft scam that targeted 80 customers of a health benefits firm, according to the Courier Post of Cherry Hill, where TD Bank is headquartered.
Here’s how it when down: One man scraped the personal information from his work at AmeriHealth Administrators Inc. in Fort Washington, Pa. He texted those details to a second man, who made and printed checks in those customers’ names. And then ring members deposited and withdrew checks in those accounts with the help of a TD Bank employee. In total, $189,300 was withdrawn from $290,000 worth of checks.
The two conspirators are charged with aggravated identity theft, bank fraud and other offenses. The bank employee has pleaded guilty.