Beverly Hills Police Seize $500,000 in Fraudulent Debit Cards
Posted Thursday, September 10, 2020 - 7:26 pm
By Ana Figueroa
On Sept. 9, the Beverly Hills Police Department (BHPD) arrested four individuals in one vehicle who had in their possession more than $500,000 worth of stolen property, albeit intangible. The contraband took the form of 40 preloaded debit cards obtained by defrauding the state’s unemployment benefits system.
The BHPD has confiscated more than 100 of the fake cards and made more than 20 arrests in connection with a crime scheme that has come into focus across the state in recent weeks. The arrests stem from the improper use of Employment Development Department (EDD) cards that were issued fraudulently and used to withdraw large sums of cash from ATMs.
For full story see the print edition of The Beverly Hills Courier, or download the e-edition.