A former waiter at the successful "Catskills Cuisine" restaurant Kutsher's Tribeca has been arrested for credit card fraud. Jaiquan Ibraheem, 30, was busted on Tuesday and charged with multiple counts of grand larceny and scheme to defraud, according to court papers obtained by the New York Post. Ibraheem allegedly used a skimming device to steal debit and credit card numbers from more than 120 patrons over the course of two months, between February and April of 2012. Kutsher's says he no longer worked there after April, but would not say whether he was fired or quit.

Ibraheem allegedly went on a $126,000 shopping spree with the credit card info, sources tell the tabloid. But he was arrested after one of the banks noticed the illegal activity and notified investigators, and he's currently being held on $30,000 bail. (Too bad he can't just put that on a credit card.) Kutsher's, which serves a really tasty pickled herring, issued this statement:

Kutsher's Tribeca has cooperated fully with a police investigation and subsequent arrest of a former employee who allegedly obtained credit card information from guests. Kutsher's Tribeca contacted the authorities as soon as they realized there may be an issue. The employee in question has not worked at Kutsher's Tribeca since April 2012, and Kutsher's Tribeca will continue to work with the NYPD to assist them in this matter.

We asked the restaurant's publicist what their policy is for handling credit card transactions, and Kutsher's Tribeca issued this statement, "All employees, when closing a check, must go straight to the terminal to run the card, then return straight to the table. The floor manager observes the processing of the card.[Editor's note: The publicist now says she was incorrect about the floor manager observing the process.] This has always been the policy. Our credit card handling procedures are consistent with all industry standards and all required security and credit card processing protocols. We have had no subsequent problems once this team member stopped working with us."