CINCINNATI (AP) -- Police in southwest Ohio are searching for five of six alleged members of a fraud ring indicted on charges including theft and money laundering.
Cincinnati police say the suspects used fraudulent checks and credit cards to buy Nordstrom gift cards from several chain stores, including Kroger Co. through most of 2011. Police said Friday that one suspect is in custody.
Officials say the suspects used the cards to buy merchandise and return it for cash refunds at Nordstrom stores in Cincinnati, Columbus, Cleveland, Atlanta, Pittsburgh, Chicago, Detroit, St. Louis, Indianapolis and Charlotte, N.C. They say retail stores that accepted the fraudulent checks and credit cards lost more than $150,000.
The suspects have been indicted on 68 counts of money laundering, theft, telecommunication fraud, identity fraud and receiving stolen property.