ID Thief Pleads Guilty in Huge Scam

Published on:
12 September 2006 at 10:18 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00006297-id-thief-pleads-guilty-in-huge-scam/

NEW YORK – A former help-desk worker at a New York company that provides credit reports to banks and other lenders pleaded guilty on Tuesday for his role in what federal prosecutors said was the largest identity theft case ever.

Philip Cummings, 35, pleaded guilty to conspiracy, wire fraud and fraud in connection with the scheme that victimized more than 30,000 people. He had been charged along with several others in November 2002. At the time, prosecutors said losses of more than $2.7 million were confirmed.

Under federal sentencing guidelines, Cummings could be sentenced to at least 14 years in prison and pay a fine up to $1 million. However, Cummings, who suffers from heart problems and hypertension, can seek seek a more lenient term due to his health. U.S. District Judge George Daniels set sentencing for Jan. 11.

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ID Thief Pleads Guilty in Huge Scam

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