According to federal prosecutors, the man and his conspirators used stolen Social Security numbers to apply for and get credit. They also used stolen information to open shell corporations, bank accounts and get loans. Additionally, the conspirators purchased homes and cars.
Conspirators sought loans on cars that they had already shipped overseas. Additionally, the group persuaded some merchants to participate in the scheme. Merchants allowed conspirators to withdraw money through Point-of-Sale transactions. In addition, the leader reported no income whatsoever to the IRS between 2009 and 2017.
When authorities initially attempted to arrest him in Atlanta, he fled to a home he owned in Ft. Lauderdale, FL. They later took the man into custody there. Authorities then searched the man’s home in Northridge and two Los Angeles area storage units. During the search, investigators found stolen Social Security numbers, identity documents and dozens of fraudulent credit cards.
The man will return to federal court on August 5 for sentencing. He faces a maximum sentence of more than 1,000 years in prison.
Northridge identity theft attorney
When you face charges for identity related crimes, hire an experienced identity theft attorney like Robert Helfend. Mr. Helfend has more than 30 years of federal criminal defense experience. He takes cases in any federal circuit in the United States.
Federal prosecutors are well resourced and can stack up an impossible number of charges against you. This is enough to scare any defendant! Often, defendants choose to plead guilty rather than face the uncertain outcome of a trial. With an experienced federal criminal defense attorney on your side, it is possible to successfully defend yourself.
Don’t rely on inexperience and don’t assume that a guilty plea is your best move. Contact Robert Helfend or call toll-free at (800) 834-6434, (310) 456-3317, (818) 591-2809 or (805) 273-5611 for an immediate consultation on your Los Angeles County identity theft case.
Photo Credit: ristok, via Flickr.com