Police have arrested one man suspected of stealing more than $300,000 in a credit card fraud spree targeting stores throughout the northeast and they are looking for one more suspect.
Police responded to the Wal-Mart on Gold Star Highway in Groton around 4:30 p.m. on Thursday to investigate a report of larceny by fraud.
The man had fled, but the description was familiar, police said.
It matched a description of a person who is suspected of similar crimes throughout the North East that have resulted in the loss of $300,000.
Officers who were responding to investigate saw a car speeding off that matched the description and chased it into the Copp Property Dog Park parking area, where two people who were in the car ran into the woods.
Police were called in from Ledyard, Groton City, New London, Stonington, Waterford, Connecticut State Police, and the Regional Community Enhancement Task Force to help with the search and the Groton Emergency Communications Center sent out a reverse 911 call to area residents alerting them to what was happening and urging them to call police if they saw either suspect.
Police located one suspect in the area of Route 117 and Interstate 95 and identified him as Kashif T. Louissaint, 24, of Brooklyn, New York. He was charged with criminal attempted larceny in the fourth degree, criminal attempt illegal use of a credit card and interfering with an officer.
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He was wanted by the FBI in Newark New Jersey on wire fraud charges and was also charged as a fugitive from justice.
He is being held on $200,000 bond, and will appear in court in New London today.
Officers are still searching for the second suspect.
