A Nevada resident pleaded guilty last week to using stolen identities to create more than 8,000 fraudulent online accounts and defraud victims of approximately $3.5 million. The defendant, Kenneth Gibson, pleaded guilty to aggravated identity theft, mail fraud, wire fraud, and filing a false tax return.
Federal prosecutors say Mr. Gibson admitted to using stolen identities to open unauthorized prepaid cards, along with credit cards and bank accounts. He faces a maximum of more than 40 years in prison.
This case highlights the ongoing threat faced by Las Vegas consumers regarding identity theft and its implications. To reduce the risk of identity theft, make sure to review your credit reports and bank statements regularly. If the banks and bureaus fail to fix errors or fraud in your reports, you should hire an identity theft lawyer to file a claim. These claims can be brought at no out-of-pocket cost to you because the Fair Credit Reporting Act permits your attorney's fees and costs to be covered by the defendants.