Memento provides next-generation technology and solutions that enable financial institutions to rethink and improve the way they combat fraud and manage compliance. Memento customers realize unmatched business value and rapid ROI.

bank fraud forum

Rancho Cordova merchant pleads guilty to bank fraud charges

May 5, 2009
Total Loss: $660,000
Huyen T. Le, 35, of Rancho Cordova pleaded guilty Monday to charges of bank fraud and hiding cash payments, U.S. Attorney Lawrence G. Brown announced Monday. According to a news release from the U.S. Attorney's office, Le admitted he used credit cards belonging to other people and his own business' merchant card account to force transactions over set credit card limits. His business was Tender Nails and Hair. Posted in: Credit Card Fraud
Tags: credit cardover 500k