- Associated Press - Monday, January 20, 2014

EAST ST. LOUIS, Ill. (AP) - A Canadian man has been ordered to spend a decade in U.S. federal prison for his role in a credit card scam.

Prosecutors say 57-year-old Paul Price of Toronto defrauded more than $10 million from tens of thousands of U.S. consumers. He was sentenced last week in U.S. District Court in East St. Louis.

Price’s ex-wife, 50-year-old Elissa Wells, was sentenced to four years and seven months in prison for her part in the scheme.

Authorities say companies operated by the Prices made calls to U.S. residents with credit problems. They said their ventures could provide Visa or MasterCards to consumers for an advanced fee of hundreds of dollars.

But the Prices had no affiliation with credit-card companies and gave nothing to consumers who paid the fees.



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