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East L.A. Bakery Reports $18,000 Loss After Card Reader Theft

Sheriff’s detectives are treating the case as felony grand theft after Bank of America said the stolen device appears to have enabled a bogus refund.

Overview

  • Store surveillance from Oct. 18 shows a woman in a hoodie paying cash, waiting for a distraction, and slipping the wireless reader into her pocket.
  • Owner Rene Ocampo says more than $18,000 vanished from the bakery’s account in the days after the device was taken.
  • Bank of America told reporters the stolen reader appears to have been used to push through a fraudulent refund.
  • The Los Angeles County Sheriff’s Department has opened a felony grand-theft investigation, and no arrests have been announced.
  • A cybersecurity expert urged small merchants to add multi-factor authentication and real-time alerts as nearby owners also reported costly property attacks, including a failed van ram at a Metro by T-Mobile store.