Credit Card Scammer Pleads Guilty But Declares Bankruptcy Due to Gambling Losses

Written by:
Published on:

WATERBURY, Conn. (Associated Press) — A Connecticut man has pleaded guilty to his role in a credit card scam that racked up almost $166,000 in debt.

Federal prosecutors say 29-year-old Janzayb Khan, of Waterbury, pleaded guilty Monday to conspiracy to commit bank fraud and making a false oath in a bankruptcy proceeding.
Dick's Auto 1 Argus Subscription young man w paper

Authorities say Kahn provided his personal information to a co-conspirator who used the information to obtain 31 credit cards in Khan's name from more than a dozen financial institutions. The credit applications often included lies about Khan's income, assets, address and employment history.

The cards were used for in cash advances, gift cards and precious metals.

Khan was paid about $10,000 for his role. He then filed for bankruptcy, claiming gambling losses.

Gambling News

Slot Machine & Casino Gambling Industry Market Report

Slot Machine & Casino Gambling Industry Market Report

The slot machine industry continues to grow at a healthy pace. Slots are viewed as the engine that drives the land-based casino industry as well as real money gambling online. The prospect for future growth beyond 2018 is one of the primary topics covered in a recent post on Gambling News by Rich Caesar.

Weekslong Manhunt Ends With Capture of Degenerate Gambler Accused of Killing Husband

Weekslong Manhunt Ends With Capture of Degenerate Gambler Accused of Killing Husband

A Minnesota woman who led authorities on a weekslong manhunt after she allegedly killed her husband, then went to Florida and befriended — then killed — a woman who resembled her, is now facing charges in two states.

How to Maximize Your Chances of Winning at a Bitcoin Online Casino

If you want to win regularly playing at an online casino, the key is discipline.  But there are other factors that should be considered, especially when it applies to the Bitcoin casino.

Germany's Gambling Market in the focus at Mare Balticum Gaming Summit 2018

The organizers of Mare Balticum Gaming Summit 2018 are excited to announce that the event will also feature a discussion about the state of the gambling industry in Germany and what is to be expected this year.

Forbes: A Narrow Ruling For New Jersey Could Still Allow Sports Betting By Private Operators

Even if the U.S. Supreme Court decides not to allow legalized sports betting, there is still a narrow path for private companies to allow it, so says