18 accused in credit card fraud ring
02/11/2013 // West Palm Beach , Florida, US // JusticeNewsFlash // Justice News Flash // (press release)
Washington – Authorities have charged 18 people in connection with a New Jersey credit card fraud ring. As reported by the Associated Press (AP), the scam is stated to be one of the largest of its kind in the nation, with those charged stating to have spent years creating counterfeit cards and building up their credit scores.
At least a reported $200 million has been purportedly stolen in connection with the international fraud ring.
Paul Fishman, the U.S. attorney in Newark, is quoted by the AP as stating of those arrested, “What they did was very painstaking, very sophisticated and took a lot of time.”
The group involved in the scam reportedly began carrying out the illegal activities in 2007 creating at least 25,000 credit cards and 7,000 identities used to borrow money.
Justice News Flash delivers the latest in New Jersey legal news.
Address: 215 South Olive Suite 300 W. Palm Beach FL 33401
Other News / Press Releases
- Wrongly accused man files lawsuit against Nancy Grace
- Kendall Jenner announced as new Estée Lauder Spokesperson
- Bill Cosby rape accuser questions why no one listened before
- Texas woman pleads guilty after murder and kidnapping
- Driver charged in wedding day crash that killed Ohio man
- Former OPD chief testifies in gender-discrimination lawsuit
- Mariska Hartigay praises funding for rape kit testing
- Lyft allows employers to pick up tab for employee rides
- Agreement reached between Amazon and Hachette
- Woman claims singer’s voice gives her seizures