CARMEL, Ind. — A Carmel man has been indicted for a credit card scheme to defraud hundreds of people.

Josh Minkler with the U.S. Attorney’s Office says 32-year-old Tuong Quoc Ho and others overseas allegedly used more than 500 PayPal accounts that were found linked to Ho’s personal bank accounts. Ho also used stolen credit card numbers and personal information of others in order to buy and sell merchandise, including electronics. He collected more than $2 million.

The FBI and Carmel police raided Ho’s house in Carmel on Thursday.

Ho faces 28 federal charges, including wire fraud, aggravated identity theft, credit card fraud, and money laundering. He could get up to 20 years in prison and a fine of $250,000.

 

Image by Robinraj Premchand from Pixabay