Online fraudster known as ‘Reign’ arrested in South Florida, feds say
TL;DR
A Canadian fraudster using the alias 'Reign' was arrested in South Florida for his involvement in the 'Noir's Luxury Refunds' scheme, a transnational cybercrime group that caused millions in losses through Telegram.
Source: Local10.com
A Canadian fraudster associated with a “transnational cybercrime group” appeared in Miami federal court Feb. 17 after he was arrested in South Florida. Authorities said Michael Ramsden, 23, of Coquitlam, British Columbia, used the handle “Reign” in his role in the “Noir’s Luxury Refunds” scheme. Prosecutors said “Noir’s Luxury Refunds” was responsible for millions of dollars in losses to retailers and run through the messaging app Telegram. “Noir” was the handle of Kareem Mustafa Ahmad, 21, of Alexandria, Egypt, authorities say. According to the indictment, “Noir’s Luxury Refunds” was a “concierge” service offering refund fraud services to the public through its Telegram channel. It operated from Jul. 2020 until Jul. 2022. Full Story