Traffic map
Article posted: 11/21/2013 5:52 PM

Palatine man charged in identity theft scheme

  • Article
text size: AAA

A Palatine man faces charges that he used more than 20 different fraudulent, cloned debit cards to withdraw funds at a Schiller Park ATM, Illinois Attorney General Lisa Madigan announced Thursday.

Karl Dinev, 45, a native of Bulgaria, was charged with financial institution fraud, continuing a financial crimes enterprise and wire fraud. If convicted, he faces up to 15 years in prison.


The phony debit cards contained bank account information from more than 20 individuals living overseas, Madigan said in a prepared statement.

"These charges should serve as an alarm bell to everyone to pay close attention to their financial statement and to immediately flag unauthorized transactions with their bank," said Madigan.

Last year, Illinois' Consumer Fraud Bureau fielded more than 2,500 identity theft complaints, including fraudulent charges on existing accounts, thieves opening new accounts in victims' names and fraud involving stolen checks, Madigan said.

Comments ()
We are now using Facebook comments to offer a more inclusive, social and constructive discussion. Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked. If a comment violates these standards or our terms of service, click the X in the upper right corner of the comment box. To find our more, read our FAQ.

This article filed under

Latest Video


Most Commented
Top Jobs

    View all Top Jobs Place a job ad



    • Newspaper next section - Newspaper next section Report card checker - report card checker
    • Dh innovation award 2 - Dh innovation award 2 Zillow /real estate page
    • Discuss refer On Guard series
    • Newspaper archives -- Monday or anyday Mike North



    Connect with a business or service in your area fast. First select a town, then enter a search term or choose one of the listed popular searches:

    Don't see your town listed? Visit our full directory to begin your search.