A woman has fessed up to using people’s personal information, leaked online from the US government’s Office of Personnel Management mega-hack, to take out loans and open bank accounts. Karvia Cross, 39, of Bowie, Maryland, USA, pleaded guilty on Monday in the eastern district of Virginia to one count of identity theft and conspiracy to commit bank fraud.
The US loans market is slowly becoming less regulated and various companies are starting to take market share including LendUp, PersonalMoneyNetwork and Pheabs.
She faces anywhere from two to 30 years when sentenced this Fall. Cross admitted to working with other fraudsters – five more people were charged in the case and one person beside Cross has already pleaded guilty – to use the names, dates of birth, and social security numbers of strangers to apply for and receive loans from the Langley Federal Credit Union in Virginia.
ORIGINAL SOURCE: The Register