Greenwich Police arrested a Flushing, NY man twice on July 30 for incidents on Greenwich Avenue – one that date and one on May 26.
Police plain clothes officers observed suspicious activity in which the suspect, later identified as Yipei Zhan, 26, was displaying behavior consistent with Organized Credit Card Fraud via a tap-to-pay method which bore the victim’s personal identifiable information to attempt to purchase merchandise from a high end retail store with stolen credit/debit cards totaling three declined transactions.
Based on training and experience, officers recognized the pattern as consistent with tactics used by Chinese Organized Criminal Groups involved in identity theft and credit card fraud.
Police said these groups are known to utilize mirrored digital wallets to make unauthorized purchases with stolen payment card information.
As the accused, Mr. Zhan entered a nearby getaway vehicle on July 30, investigators conducted an investigative detention. On scene investigation revealed there was an active warrant from Greenwich Police Dept for an incident dating back to May 26, 2026.
Throughout the investigation, police determined the accused knowingly participated in the Chinese Organized Criminal Group during multiple incidents over a period of time.
These incidents ultimately led to larceny of goods using the identities of multiple victims being stolen.
Further, the actions taken by Mr. Zhan appeared to lead to the overall financial gain and betterment of the criminal organization.
Based on the totality of circumstances, investigators established probable cause to believe Mr. Zhan was engaged in credit card fraud, while being associated with a criminal group in a pattern of racketeering.
He was charged with Possession of Scanning Device or Reencoder and numerous counts of Criminal Attempt Larceny 3, Conspiracy to Commit Larceny 3, Illegal Possession Personal Id Info Device, Payment Card Theft, Conspiracy to Commit Payment Card Theft, Criminal Attempt >$500 on Revoked Payment Card, Conspiracy to Commit >$500 on Revoked Payment Card, Criminal Attempt / Receipt from Illegal Use credit Card, Conspiracy to Commit/Receipt from Illegal Use Credit Card, Criminal Attempt Identity Theft 3rd degree, Conspiracy to Commit Identity Theft 3rd degree, Criminal Attempt/Criminal Impersonation, and Conspiracy to Commit Criminal Impersonation.
Mr. Zhan’s bond was set at $75,000 and was assigned a court date at Stamford Superior Court on August 14, 2026.
Separately, Mr. Zhan, who was found to be in possession of a counterfeit driver’s license, had an active arrest warrant from Greenwich Police pursuant to similar crimes on May 26.
He was charged with Forgery 2, Conspiracy to Commit/Possession of Scanning Device or Reencoder with Intent Illegal Use, Corrupt Org & Racketeering Act, three counts of Conspiracy to commit Larceny 3, Conspiracy to Commit Illegal Possession Personal Id Info Device, three counts of Payment Card Theft, three counts of Conspiracy to Commit Payment Card Theft, three counts of Conspiracy to Commit <$500 on Revoked Payment Card, Conspiracy to commit Receipt from Illegal use Credit Card, three counts of Conspiracy to Commit Identity Theft 3rd degree, Conspiracy to Commit Criminal Impersonation.
Bond for this set of charges was set at $250,000. Mr. Zhan will answer both arrests and sets of charges in Stamford Superior Court on August 14, 2026.
A second suspect in the July 30 case, Jian Yong Ma, 37, of Great Neck, NY was charged with
Possession Scan/Rencoder with Intent Illegal Use
Conspiracy to Possess Scan/Rencoder with Intent Illegal Use
Corrupt Org & Racketeering Act
Criminal Attempt Larceny 3 (3 counts)
Conspiracy to Commit Larceny 3 (3 counts)
Illegal Possession Personal ID Info Device
Conspiracy to Commit Illegal Possession Personal ID Info Device
Payment Card Theft (3 counts)
Conspiracy to Commit Payment Card Theft (3 counts)
Conspiracy to Commit <$500 on Revoked Payment Card (3 counts)
Criminal Attempt to Commit >$500 on Revoked Payment Card (3 counts)
Criminal Attempt / Receipt from Illegal Use Credit Card (3 counts)
Conspiracy to Commit / Receipt from Illegal Use Credit Card (3 counts)
Criminal Attempt to Commit Identity Theft (3 counts)
Criminal Attempt / Criminal Impersonation (3 counts)
Conspiracy to Commit Criminal Impersonation (3 counts)
His bond was also set at $250,000 and he shared the date in court on August 14, 2026.