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ID Thief Gets Three Years For Swiping $500,000 From Michaels' Customers ID Thief Gets Three Years For Swiping $500,000 From Michaels' Customers
ID Thief Gets Three Years For Swiping $500,000 From Michaels' Customers A 28-year-old man received three years in federal prison Wednesday for his role in stealing information from 94,000 credit and debit cards used by customers at Michaels stores in Connecticut and elsewhere and then pulling nearly $500,000 from the victims' accounts. Angel Angulo of Riverside, California, previously admitted that he and his co-conspirators replaced swipe terminals with imitations that they used to record the bank account numbers and PINs. They used the information to create bogus cards that were then used to withdraw money from hundreds of victims' accounts, he said. The cre…

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by Jerry DeMarco