IT | Security

Absolute Recovers Laptop, Uncovers $100,000 in Credit Card Fraud

By: Absolute Team | 2/26/2009

A LoJack for Laptops equipped laptop began to call in to the Absolute Monitoring Center just days after its owner reported that it had been stolen in a home burglary. The Absolute Recovery Team deployed a series of forensic tools to mine information on the laptop's unauthorized user and whereabouts, and uncovered several pieces of evidence that indicated the laptop was being used to perpetrate credit card fraud. Absolute passed these details over to the County Sheriff's Forgery and Fraud Unit for further investigation.

The County Sheriff's office was quick to act on the information that Absolute provided, and within a week, was able to obtain a search warrant for the identified user's address. The warrant was served, and after detaining the location's occupants, a thorough search was conducted.

Police recovered the stolen laptop from the scene, along with narcotics, stolen auto parts, handguns, a special machine that reads and re-encodes credit cards' magnetic strips, and hundreds of documents which contained names, addresses, and social security and credit card numbers. The user was arrested and charged on several counts of Credit Card Fraud, ID Take-Over, Receiving Stolen Property and Narcotics Possession. Detectives estimate the amount of known fraud on the compromised credit cards to be in excess of $100,000.

The laptop has been returned to a happy LoJack for Laptops customer.

Learn more about the Absolute Theft Recovery process.

Please note that indictments and criminal complaints are merely unproven accusations and the accused, in all cases, are presumed innocent until proven guilty.