- 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.

Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times is switching its third-party commenting system from Disqus to Spot.IM. You will need to either create an account with Spot.im or if you wish to use your Disqus account look under the Conversation for the link "Have a Disqus Account?". Please read our Comment Policy before commenting.


Click to Read More

Click to Hide