The Manhattan district attorney's office recently announced indictments of 55 people charged with stealing millions of dollars in a massive fraud scheme.

"The defendants, many of whom reside in Brooklyn, N.Y, are accused of stealing more than $2 million from Chase, TD Bank, Citibank, Discover and American Express, Manhattan District Attorney Cyrus Vance announced Friday," writes SC Magazine's Angela Moscaritolo.

"As part of their scheme, the crime ring also stole the identities of at least 200 individuals and organizations," Moscaritolo writes. "The charges include conspiracy to commit grand larceny, grand larceny, criminal possession of stolen property, identity theft and criminal possession of a forged instrument."

Go to "NYC authorities charge 55 in cyber fraud, ID theft ring" to read the details.

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