A Union County man today admitted his role in a scheme to bribe postal employees to steal credit cards from the mail, Acting U.S. Attorney Rachael A. Honig announced.
According to Acting U.S. Attorney Honig, Syid Boyd, 26, of Union, pleaded guilty to a two-count Information charging him with bribery of U.S. Postal Service (USPS) employees and credit card fraud.
According to documents filed in this case and statements made in court:
Boyd recruited USPS employees to steal credit cards from the mail in exchange for cash bribes.
Once Boyd had taken possession of the stolen credit cards and activated them by posing as the actual account holders to whom the cards were initially mailed, he and others fraudulently used the stolen credit cards to purchase items, including electronics, at various retail stores throughout New Jersey.
Boyd faces a maximum term of imprisonment of 15 years for the bribery charge and ten years for the credit card fraud charge. Each charge also carries a maximum fine of $250,000, in part.