 |
Department of Justice United States Attorney Candace G. Hill Contact: Dawn Masden |
Return to the Press Release Index
September 30, 2009
TWO MEN PLEAD GUILTY TO CONSPIRACY TO COMMIT BANK FRAUD
– Members of group arrested with over 100 fraudulent credit cards and over 50 counterfeit driver's licenses, after buying Apple computers and iPhones
LOUISVILLE, KY - Manfred Sze Yin King, age 32, and Bryan Alexander Chin, age 26, both of Cincinnati, Ohio, in Hamilton County, pled guilty to Conspiracy to Commit Bank Fraud, United States Attorney Candace G. Hill of the Western District of Kentucky announced today.
King and Chin each admitted that on between January 1, 2009 and May 20, 2009, they, along with other individuals, reached an agreement to knowingly execute a scheme to defraud federally-insured financial institutions, by using stolen credit card account numbers issued by those federally-insured financial institutions and supporting counterfeit driver’s licenses, to effectuate transactions, including the rental of a minivan at the Cincinnati airport and purchases of Apple Macbook computers, iPhones, and iPod Touches. When arrested, King, Chin, and others possessed over 100 fraudulent credit cards and over 50 counterfeit driver’s licenses.
The maximum potential penalties are 30 years’ imprisonment, a $250,000 fine, and supervised release for a period of 3 years.
The case was prosecuted by Assistant United States Attorney Ann Claire Phillips, and it was investigated by the United States Secret Service and the Elizabethtown Police Department. The plea was entered before John G. Heyburn, III, Judge, United States District Court, Louisville, Kentucky.
King and Chin are scheduled to be sentenced before Judge Heyburn on January 25, 2010 at 10:00 a.m., in Louisville, Kentucky.
#####
Return to the Press Release Index