The #1 Digital News Source for Retail Loss Prevention,
IT Security & Safety Executives throughout North America

FREE Daily
eNews Special
Reports Spotlight on
Leadership ORC
News Canadian
Push Vendor
Spotlights LP
Newswire Group LP
ORC 1-11-12





2012 Archives

New Jersey Ring leader of $4 million identity theft ring admits he ran scam that ripped off millions from banks and retailers and laundered a portion of millions in profit overseas. Sang-Hyun "Jimmy" Park, 45, confessed to U.S. Magistrate Judge Patty Shwartz in Newark that he directed an array of sophisticated frauds out of Bergen County storefronts and advertised his illegal services in Korean-language newspapers. Michael B. Ward, the head of FBI’s Newark Division, said Park’s criminal enterprise "advertised, facilitated and supported a multitude of frauds resulting in staggering economic losses." The crimes, which included quickly building up credit histories and then opening bank and credit accounts to cash in, was carried out with "the assistance of collusive merchants and others steeped in white-collar crime," Ward said. Park and Yu were among 54 people arrested in September 2010 in connection with the Palisades Park-based fraud ring, which was uncovered after a May 2008 triple murder in Tenafly. About half of the defendants have pleaded guilty to fraud charges and several have been sentenced to terms of four to five years in prison. (Source

What's Happening?

Coming in 2012:

Keyword/Phrase Search
Research Capability

Mobile App's

LP Show Coverage

The Top 10


ORC 1-11-12
Powered by Design By J, LLC
ASP.NET Shopping Cart Software