This Teen Stole $2.8M, Then Became a Fraud Consultant

Elliot Castro was a smart kid. As a teenager stole £2.5m through credit card fraud and blasted the lot on Rolex watches, cars, top-end restaurants and five-star hotels in every country in Europe.

According to Wikipedia, Castro claims that his first brush with criminality was when he, as a teenager, found a credit card on a train platform and used it for his train fare but was caught when the police boarded the train.

Castro claims that this criminal behaviour was ramped up when at 16 years old he lied about his age on a job application for a mobile phone company, stating he was 18. He was soon hired and began stealing personal information from clients, using information held by the company to defraud clients by tricking their banks to send new bank cards to different addresses where he would receive them and use them for his own gains.

At first, he would buy CDs, haircuts and clothes before realizing the potential of what he could do. He began spending lavishly as his crimes escalated. He purchased cars, a $12,000 Rolex, spent upwards of $15,000 at nightclubs and traveled the world. Castro claims to have travelled to every country in Europe with the money from his victims. He was briefly jailed in Canada and stole the credit card of the Canadian Immigration Office to book a flight back to Glasgow.

Elliot Castro now works as a Fraud Consultant helping companies avoid the very fraud he perpetrated.

I am Frank McKenna, a fraud expert from San Diego. The views and opinions expressed here are entirely my own and do not reflect those of Point Predictive.