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Bronx Resident Admits NY/NJ Based Credit Card Fraud Scheme That Affected Thousands

New Jersey

By: Richard L. Smith 

A Bronx, NY man pleaded guilty to a conspiracy that used stolen credit card information to make fraudulent retail purchases around the country, U.S. Attorney Philip R. Sellinger announced.

According to Federal officials, Trevor Osagie, 31, admitted the crime before U.S. District Judge William Martini in Newark federal court to an information charging him with one count of conspiracy to commit bank fraud.

According to documents filed in this case and statements made in court:

From at least 2015 through November 2018, Osagie conspired with a network of individuals based in the New Jersey/New York area who made trips around the United States in order to use stolen credit card information to purchase gift cards, flights, hotels, rental cars, and other goods and services.

Other participants in the conspiracy obtained stolen credit card information through the “dark web” and other sources.

In addition to recruiting at least one individual to create the fraudulent credit cards, Osagie managed the individuals who traveled around the United States conducting the fraudulent transactions.

The conspirators made over $1.5 million in fraudulent purchases using over 4,000 stolen credit card accounts.

The conspiracy to commit bank fraud charge carries a maximum sentence of 30 years in prison and a maximum fine of $1 million. Sentencing is scheduled for May 25, 2023.

U.S. Attorney Sellinger credited special agents of the U.S. Secret Service, under the direction of Special Agent in Charge Jose Riera, with the investigation leading to today’s guilty plea.

The government is represented by Assistant U.S. Attorney Shawn Barnes, Chief of the OCDETF/Narcotics Unit in Newark.