Tag: financial effects
Mark Hauser Explains the Risks of Credit Card Fraud and Suggests Preventative Measures.
Former financial advisor Mark Hauser received a 12-year prison term for participating in a multi-million dollar credit card fraud operation. The scam entailed buying expensive items with credit card information that had been stolen, then selling them for cash. Hauser pleaded guilty to aggravated identity theft and conspiracy to commit wire fraud. According to court…
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