Man Sentenced For $3.6 Million Credit Card Fraud

Man Sentenced For $3.6 Million Credit Card Fraud

A Californian named Andrew Michael (not pictured at left) was sentenced to four years in federal prison last week for scamming Citibank and credit card companies by fraudulently applying for an $8.5 million commercial line of credit—some $2 million of which he spent on personal goods for himself, including “170 troy ounces of silver, 479 tubes of gold flakes, [and] a Rolex watch.”

Reclaim Unnecessary Credit Cards' Unnecessary Foreign Transaction Fees

Reclaim Unnecessary Credit Cards' Unnecessary Foreign Transaction Fees

Several major credit card companies were successfully and recently class-actioned for charging unnecessary fees for overseas transactions.