BATON ROUGE, La. (BRPROUD) – A multi-year investigation led to charges against Richard Verret, age 40, of Quebec, Canada.

The 40-year-old was arrested at the Orlando International Airport last month and spent a brief amount of time in Florida.

On Monday, May 16, Verret showed up in the Middle District of Louisiana.

That is where a previously sealed indictment was opened and details about an online scheme involving over 500,000 stolen gift card account numbers were made public.

The indictment states that “Verret, also known as “Luxury187,” “Miami24k,” and other
screen names, operated and controlled several websites, such as the “Lux Giftcards Shop” and
“Miami’s Gift Card Shop,” through which he advertised the sale of gift cards for major restaurant
chains, grocery stores, entertainment venues, and other retail business chains (collectively, the
“businesses”).”

The indictment against Verret does not stop there as it goes into how this alleged scheme operated online.

According to the indictment, “Verret would obtain, by fraudulent methods and theft,
large quantities of valid gift card account numbers.”

In turn, those numbers were allegedly sold at discounted prices online.

According to United States Attorney Ronald C. Gathe, Jr. Middle District of Louisiana, “Because the account numbers could be loaded into mobile applications and scanned at store registers, used for online purchases, and/or reprogrammed onto blank access devices, Verret and others could access the account balances and
spend the funds without ever having actual, physical possession of the original, legitimate gift
cards.”

The indictment spells out how earlier this year, one of the suspect’s websites made over 550,000 gift cards available to the public.

United States Attorney Ronald C. Gathe, Jr. Middle District of Louisiana states that “the total stored value of all of the fraudulently obtained accounts offered for sale was more than $22 million.”

As part of the case against Verret, the two domain names listed below were confiscated by the United States:

  • www.miami24k.com
  • www.miami.gift

Many law enforcement agencies are taking part in this investigation including the U.S. Department of Homeland Security, Louisiana Attorney General’s Office and Royal Canadian Mounted Police.

Verret is facing a six-count indictment for unauthorized solicitation of access devices and trafficking counterfeit access devices.