A 29-year-old man was sentenced to 33 months in prison for his role in a gift card fraud scheme that made more than $2 million. He pleaded guilty to a superseding indictment via video conference before a judge for the U.S. District Court for the District of New Jersey.
James Olla of Brooklyn was charged with conspiracy to sell, receive or possess stolen goods. In addition to the prison term, he was also sentenced to three years of supervised release and ordered to pay $689,124 in restitution. According to prosecutors, he participated in a ring that sold gift cards bought using stolen credit card information.
Between January 2014 and June 2015, Olla and several others were accused of stealing credit card information from individuals in New Jersey and elsewhere. Prosecutors said the group used the credit card details to purchase gift cards from different retailers.
They then sold the gift cards on Brooklyn streets and in other locations, often receiving large amounts of cash. In total, they managed to get $2,041,977 through the scheme.
Credit card fraud is aggressively investigated and prosecuted in New York. Because it is a felony, anyone charged with the crime can expect harsh penalties. Credit card fraud covers many types of offenses such as possession of stolen credit cards, stealing cards, forgery and identity theft.
If you have been accused of credit card fraud in New York, you need an experienced criminal defense attorney defending your rights. Brill Legal Group has helped clients obtain favorable plea bargains or even get their charges dismissed or reduced. Contact us today to discuss your case with a credit card fraud defense lawyer.