Two men from Connecticut face serious allegations that they used stolen identities to defraud sportsbooks of $3m since 2021. The US Attorney’s Office for the District of Connecticut outlined the charges in a press release on February 6.
Siddharth Lillaney and Amitoj Kapoor face a 45-count indictment after appearing in front of a federal grand jury. The charges include counts relating to fraud, money laundering, and identity theft. FanDuel was specifically named as the main operator to fall victim to their alleged actions. The pair are currently out after they both posted $300,000 bonds.
purchased the information on the dark web and Telegram
Lillaney and Kapoor allegedly used the information of about 3,000 identity theft victims to sign up for online gambling accounts to take advantage of welcome bonuses. They purchased the information on the dark web and Telegram.
The duo also used background check sites like TruthFinder and BeenVerified to acquire additional information on the people whose identities were stolen to help answer account verification questions. Anytime they won their bets, they would withdraw the winnings using a “virtual stored value card” and then transfer the funds to their own bank and investment accounts.
Announcing the indictment, US Attorney David Sullivan said that the pair’s “winning streak is now over.” Lillaney and Kapoor face significant prison time, as some of the counts carry maximum terms of 15 and 20 years.
