Alleged Identity Thief Used Credit Reports to Finance $500K Spending Spree at Louis Vuitton, Tiffany

By DNAinfo Staff on August 25, 2010 7:03pm  | Updated on August 26, 2010 6:36am

Iguosade Osahon, 28, of Brooklyn, was charged with stealing the identities Chase bank customers.
Iguosade Osahon, 28, of Brooklyn, was charged with stealing the identities Chase bank customers.
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By Shayna Jacobs

DNAinfo Reporter/Producer

MANHATTAN SUPREME COURT — A Brooklyn man charged with stealing more than $500,000 that he allegedly used to buy Tiffany jewelry and Louis Vuitton products had choice words for police when he was arrested in March, prosecutors said Wednesday. 

"What can I say? You have me by the balls," Iguosade Osahon, 28, was quoted as saying to arresting officers as he was handcuffed.

Osahon allegedly stole his victims' personal information by accessing their credit reports on credit sites including Equifax, Experian and TransUnion, prosecutors said at his arraignment in Manhattan Supreme Court.

He had Social Security numbers and other information on more than 750 victims nationwide that he obtained "from a variety of sources, including online data traffickers," prosecutors said.

Once he had the necessary information, he used it to access 37 Chase online banking profiles from which he stole the half a million that he used to buy expensive items at Bloomingdale's, Target, Apple and Circuit City, according to the Manhattan District Attorney.

Osahan's lawyer said he is a married college student who was born in the United States.

He faces charges of computer tampering and grand larceny among others, and faces up to 15 years in prison if convicted.

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