Lauderhill, FL — June 9, 2025 — A 20-year-old Lauderhill man, Lucas Antonio Rosado, has been arrested in connection with a multi-million-dollar cyber fraud scheme that resulted in more than $7 million in losses for an Iowa-based tire company.
According to a report from the Lauderhill Police Department, Rosado was taken into custody and charged with first-degree grand theft and money laundering, following a joint investigation with federal authorities. The investigation began in late April after police responded to an altercation at Rosado’s residence on Northwest 86th Avenue involving a package delivery and a confrontation with two unidentified men—one allegedly armed.
Witnesses said the dispute was over a FedEx-delivered check, which police later discovered was issued for $49,526.00. Rosado initially refused to explain how he became the payee. However, subpoenas to Discover Bank and FedEx revealed the check was part of a larger cyber scheme involving the hacking of TBK Bank accounts belonging to Eastern Iowa Tire, Inc., headquartered in Davenport, Iowa.
Investigators found that nearly 300 fraudulent transactions totaling $7.3 million were initiated in April 2025. The hackers reportedly manipulated the company’s email alerts to hide the transactions in real time. Rosado’s account was one of many used to receive and launder stolen funds.
Rosado allegedly deposited the funds into his Discover Bank account, later moving the money to JP Morgan Chase in an attempt to obscure its origin. While he ultimately admitted to receiving the funds, he claimed he was unaware they were linked to a larger cybercrime operation.
The case is currently under active investigation by the FBI’s Omaha Field Office, in coordination with local law enforcement agencies. Rosado is being held without bond at the Broward County Main Jail.
Federal authorities continue to investigate other suspects potentially linked to the complex fraud network.
