Ex- Vegas payment processing firm chief guilty in fraud case
LAS VEGAS (AP) - Prosecutors say a British man living in Las Vegas and Texas has pleaded guilty in federal court in Nevada to bilking thousands of victims to out of at least $11 million during a six-month period.
Assistant U.S. Attorney General Jody Hunt says Gareth David Long admitted Tuesday that from 2008 through 2013 he abused personal and financial information obtained through his Las Vegas-based payment processing firm, V Internet Corp.
The 40-year-old Long is expected to face between about five and seven years in federal prison at sentencing Feb. 20 for his felony fraud and identity theft convictions.
Prosecutors say the company operated from 2008 through 2013. It also used the names Altcharge and Check Process, and Long registered the payday consumer loan websites fastloanfast.com, loan4utoday.com and fastloan4me.com.
Copyright 2019 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Hidalgo County health authority reports downward trend on coronavirus cases
Woman accused of mailing ricin to White House pleads not guilty
Swells caused by Tropical Storm Beta damage dunes on South Padre Island
As Tropical Storm Beta fades, Port Mansfield grateful it 'dodged a bullet'
'Unfathomable': US death toll from coronavirus hits 200,000