A Pennsylvania man has been arrested for running a counterfeit credit card ring that stole tens of thousands of dollars at banks across the state.
Lovell “Vell” Davis III, 34, of Havertown, made fake credit cards and matching driver’s licenses, then recruited associates to make cash advances from banks in Harrisburg, Philadelphia and Pittsburgh, according to a news release from Attorney General Kathleen Kane’s office.
Authorities additionally charged two alleged associates. Latoya Jemerson is jailed in the Allegheny County Prison and 31-year-old Cecelia “CC” Robinson of Chicago is at large.
According to the criminal complaint, Jemerson and Robinson received cash advances of $1,000 to $1,500 at a time, pocketed 30 percent of their daily proceeds, and deposited the rest in Davis’s bank account.
The three also used the counterfeit cards to rent vehicles for traveling to the various banks.
Investigators said they found no verifiable source of income for Davis, but he reported earning $118,000 in 2013 as a barber on Pennsylvania tax records.