Newark Federal Credit Card Fraud ChargesTwo men were recently indicted in Newark federal court on charges that they committed credit card fraud.

According to authorities, the suspects illegally obtained several credit cards and then used them to finance expensive shopping sprees. The suspects allegedly made more than $350,000 in purchases on the credit cards during the crime spree, which is said to have occurred between March 2014 and April 2014. The purchases were reportedly made at high-end retail stores throughout North Jersey.

The suspects allegedly acquired the credit cards by obtaining birthdates and Social Security numbers belonging to other individuals. In total, the suspects allegedly defrauded 70 different people

The suspects, a 37-year-old man from Newark NJ and a 38-year-old man from East Orange NJ, were identified in September 2014 and charged with multiple crimes, including eight counts of wire fraud, one count of identity theft, and one count of conspiracy to commit fraud.

Now the suspects have been indicted by a federal grand jury.

If the suspects are ultimately convicted on the most serious charges, they could be sentenced to as many as 30 years in federal prison and fined up to $1 million.

One of the suspects is currently in police custody. The other suspect still remains at large.

For more information about this case, see the article entitled “Essex County Men Indicted for Allegedly Running $350K Credit Card Scheme.”