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Identity thief pleads guilty to stealing $500,000 to buy Rolex watches, designer bags, jewelry

BY Melissa Grace
DAILY NEWS STAFF WRITER

He’s every consumer’s nightmare – an Identity thief with exquisite tastes.

Iguosade Osahon, a 28-year-old Nigerian-born student, pleaded not guilty Wednesday to charges he swiped the identities of 750 victims and used the $500,000 he stole with the data to buy Rolex watches, Louis Vuitton bags and jewelry at Tiffany & Co.

“What can I say? You have me,” Osahon told cops as he was pulled over near the Brooklyn home he shares with his mom after a lengthy investigation by the Secret Service and Manhattan DA’s office.

Osahon stole his vics personal info – including that of a dozen Manhattan residents by trolling online data traffickers for personal info – names, birth dates and social security numbers, prosecutors said.

Armed with that information, he went to the websites of the nation’s three big credit reporting agencies, Equifax,

Experian and TransUnion, and ordered credit reports, which are readily available with the personal data, prosecutors said.

The scam ran from November 2007 to February 2010 and law enforcement sources said he focused on wealthy zip codes.

Osahon collected 800 of the reports – every person potentially has up to three, one at each reporting agency – and used them to gain access to bank and credit card accounts of his victims, many of them at Chase Bank, according to court documents. Osahon, who was charged with 147 counts of computer tampering, grand larceny and identity theft, faces up to 15 years behind bars if convicted.

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August 26, 2010 - Posted by | Uncategorized

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