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Kingsport police probe fraud cases tied to credit union

May 31st, 2013 7:43 am by Rain Smith, NET News Service

Kingsport police probe fraud cases tied to credit union

KINGSPORT — Authorities are investigating a rash of debit card frauds connected to a Kingsport credit union, while the institution’s CEO has confirmed more than 60 members had been affected as of Thursday morning.

Kingsport police report the bogus transactions use data from debit cards issued by First Kingsport Credit Union, 408 Clay St. Kingsport Police Department Lt. Sean Chambers says the incidents began popping up over Memorial Day weekend, with transactions processed through multiple chain retail stores in Florida and Nevada.

Fraudulent purchases range between $25 and $900, according to Chambers, with detectives currently working to determine how the data was obtained. He said investigators are going through records to isolate any possible connections and patterns — with victims including multiple police officers and other city employees.

More details are available at TimesNews.net.

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