San Diego Man Pleads Guilty In Debit Card Thefts
POSTED: 9:25 pm PST March 2, 2009
SAN DIEGO -- A San Diego man who obtained other people's personal identification numbers from sources in Russia and used the stolen numbers to withdraw $371,000 from bank accounts pleaded guilty Monday to debit card fraud and conspiracy to launder money.Mikhail M. Tuknov, 28, faces up to 30 years in federal prison and up to $750,000 in fines when he is sentenced May 26 by U.S. District Judge John Houston.In connection with his guilty plea, Tuknov admitted that he obtained personal identifying information for bank accounts of actual people from sources in Russia and distributed those numbers to an associate in the Dominican Republic.The associate then used the numbers to encode blank debit card plastics and delivered them to other criminal associates in New York City, said Assistant U.S. Attorney Mitch Dembin.The New York associates used the fake debit cards to fraudulently access the bank accounts tied to the cards at ATM machines and withdrew cash, the prosecutor said.The proceeds were sent to the Russian sources, who paid Tuknov his commission and sent new numbers to him to generate more cash, according to Dembin.Tuknov admitted that between August 2005 and March 2006, he moved approximately 1,044 fraudulent debit card numbers and 1,045 related PIN numbers to his associates, resulting in losses to the issuing banks of about $371,000.
Copyright 2009 by City Wire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
The following are comments from our users. Opinions expressed are neither created nor endorsed by 10News.com. By posting a comment you agree to accept our Terms of Use. Comments are moderated by the community. To report an offensive or otherwise inappropriate comment, click the "Flag" link that appears beneath that comment. Comments that are flagged by a set number of users will be automatically removed.



