Feds: Philly Woman Central To Major NJ Credit Card Scam - MyFoxAustin.com | KTBC Fox 7 | News, Weather, Sports

Feds: Philly Woman Central To Major NJ Credit Card Scam

Posted: Updated:
Federal investigators and local police stand outside a Jersey City business Tuesday. Federal investigators and local police stand outside a Jersey City business Tuesday.
NEWARK, N.J. -

A Philadelphia woman has been busted in the middle of a massive credit card scam.

FBI agents and local police surrounded one of three jewelry stores in Jersey City that investigators say were involved in an international crime ring.

All three stores have since been shut down by federal agents, with the inventory inside confiscated as evidence.

Investigators say they've filed criminal charges against 18 people for their leadership in one of the largest credit card frauds ever uncovered by the Department of Justice.

The U.S. Attorney in Newark, New Jersey says the defendants used fake identities and fake addresses for utility bills to get credit cards. The defendants would then allegedly pay off the cards to boost credit limits, according to investigators.

Agents say the defendants would take out a loan or max out the credit card and then not repay the debt.

The feds say they also crated 80 sham businesses to accept fraudulent credit card payments.

The defendants allegedly obtained more than 25,000 credit cards by fraudulent means and used more than 7,000 false identities. Investigators say the losses caused are at least $2 million, an amount that is considered to be a conservative estimate.

  • Local NewsMore>>

  • Swedesboro Liquor Store Owner Accused Of Racist Comments

    Local Liquor Store Owner Accused Of Racist Comments

    Wednesday, August 27 2014 11:00 PM EDT2014-08-28 03:00:50 GMT
    A quiet little liquor store in Gloucester County is stirring up a big controversy. The store's owner is under fire accused of making racist comments to customers.
    A quiet little liquor store in Gloucester County is stirring up a big controversy. The store's owner is under fire accused of making racist comments to customers.
  • Vigil Held For Teen Killed On North Philadelphia Basketball Court

    Vigil Held For Teen Killed On North Philadelphia Basketball Court

    Wednesday, August 27 2014 10:59 PM EDT2014-08-28 02:59:20 GMT
    A shooting on a North Philadelphia basketball court has left a 17-year-old man dead.
    A shooting on a North Philadelphia basketball court has left a 17-year-old man dead.
  • Police: Man Kills Wife At Hospital; Son Found Dead In Home

    Police: Man Kills Wife At Hospital; Son Found Dead In Home

    Wednesday, August 27 2014 10:18 PM EDT2014-08-28 02:18:44 GMT
    Authorities say a man shot and killed his wife, then shot himself at a New Jersey hospital around 9:25 a.m. on Wednesday morning.
    Authorities say a man shot and killed his wife, then shot himself at a New Jersey hospital around 9:25 a.m. on Wednesday morning.
Powered by WorldNow

KTBC FOX 7
119 East 10th Street
Austin, TX 78701

Phone: (512) 476-7777
Fax: (512) 495-7001

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices