New York Man Admits Involvement in $1 Million Identity Theft, Bank Fraud Scheme
Constantin Ginga and nine co-conspirators stole bank customers' identities, then used those stolen identities to withdraw $985,000 from Citibank ATMs.
Constantin Ginga, 52, a Romanian national and a resident of Queens, N.Y., recently pleaded guilty to one count of conspiracy to commit bank fraud and one count of aggravated identity theft in connection with a scheme to install skimmers and pinhole cameras at bank ATMs in New Jersey and Connecticut.
During his guilty plea, Gina admitted that the skimmers were designed to record identity and account information contained in the magnetic strips of customers' ATM cards, while the pinhole cameras recorded customers' keystrokes as their entered PIN numbers.
Ginga acknowledged that he and nine co-conspirators loaded the stolen account and identification information onto blank ATM cards, then used those cards to withdraw approximately $985,000 from Citibank ATMs in New Jersey, New York and Connecticut.
The bank fraud conspiracy charge to which Ginga pleaded guilty carries a maximum potential penalty of 30 years in prison and a $1 million fine, while the aggravated identity theft charge carries a mandatory consecutive penalty of two years in prison and a maximum $250,000 fine.
Ginga is scheduled to be sentenced on December 18, 2013.