LOS ANGELES (AP) — A Los Angeles man who helped steal the identities of elderly credit-cardholders has been sentenced to 7 ½ years in federal prison.
The U.S. attorney’s office says 36-year-old Sedrick Bagby was sentenced Monday and ordered to pay more than $288,000 in restitution.
http://liarcatchers.com/fraud_investigation.html
Prosecutors say Bagby was part of an international identity theft ring that stole about 30 credit cards. Authorities say British members of the ring claimed to be people who’d lost their cards while vacationing in Southern California. They got credit card companies to send replacements to the area and used them to buy more than $371,000 in luxury items, including Rolex watches.
Bagby pleaded guilty in June to conspiracy to commit bank fraud.
Another defendant, Doren Ward of Los Angeles, was earlier convicted and awaits sentencing.
