The Department of Justice (DOJ) busted a former CEO of a credit card processing company for allegedly operating a credit card laundering scheme. The U.S. Attorney for the Southern District of New York, Geoffrey Berman filed a lawsuit against former CardReady CEO Brandon Becker on Friday. In the indictment, the U.S. Attorney alleged that Becker created sham merchant accounts to allow access to a credit card processing system for certain deceptive businesses including a telemarketing scheme. Becker through its telemarketing scheme allegedly bilked more than $19 million from thousands of…
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