Third suspect in identity-fraud ring pleads guilty

  • Updated: March 15, 2010 - 10:56 PM
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A third suspect in a large Twin Cities identity fraud ring pleaded guilty Monday in U.S. District Court in St. Paul.

Adekunle Kayode Ayeni, 27, of Fridley admitted to conspiring to defraud Capital One Bank using counterfeit credit cards to steal from automated teller machines, the U.S. attorney's office said.

Two ring members pleaded guilty in the past month to the same crime, which carries a maximum of five years in prison.

Authorities have said the ring has 200 members who use many methods to steal identities and then loot victims' accounts. Ayeni and nine others charged last September used the counterfeit cards at 170 ATMs throughout the Twin Cities in 2008 and 2009, withdrawing more than $650,000, the U.S. attorney's office said in a statement.

Ayeni will be sentenced at a later date.

DAVID SHAFFER

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