Feds Charge 18 People In $200M Credit Card Scam

Law360, New York (February 5, 2013, 2:39 PM EST) -- Federal prosecutors on Tuesday charged 18 people from New Jersey, New York and Pennsylvania with allegedly creating thousands of fake identities and stealing more than $200 million in one of the largest credit card schemes ever uncovered by the U.S. Department of Justice.

According to a New Jersey federal court criminal complaint unsealed Tuesday, the 18 individuals allegedly operated a sprawling criminal enterprise that extended across 28 states and eight countries and involved the creation of more than 7,000 fake identities to fraudulently obtain more than...
To view the full article, register now.