2 arrested in credit card fraud scheme

Police say they have arrested two people yesterday in connection with a large-scale credit card fraud operation.

Christopher Drakes, of The Bronx, and Karleen Dagasotino, of Edgewater, N.J., have been charged with multiple counts of grand larceny, identity theft and unlawful possession of personal identification.

According to investigators, Drakes and Dagasotino obtained more than 150 credit cards in the names of people whose identities were stolen, and then used the cards to buy more than $50,000 worth of gift cards from Wal-Mart, Stop 'N' Shop, Macy's and Marshall's.

The fraudulent cards originated in Germany, Mexico and multiple U.S. states outside of New York, police say.

Detective Ted Polant, who led the five-month investigation, says he also found information about additional fraudulent purchases made in Rockland County and New Jersey.

Both suspects are being held in lieu of bail at the county jail in Valhalla.

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