Man gets 6 years for laundering $2.5m from phony credit cards

A California man was sentenced to six years in prison for his role in laundering $2.5m in proceeds from stolen credit card schemes. Cesar Carranza, 38, of Long Beach, California, received the sentence on Thursday after pleading guilty in December to one count of conspiring to launder unlawful proceeds, prosecutors said. …

[JaitcH]

$2,500,000/6 years - not too shabby

Although he won't get time off, if it was a federal conviction, this works out to be around $41,666 tax free a year.

[Dave 52]

laundered, not made

He didn't make $2.5 mil, he helped launder $2.5 mil. He'd be lucky if even even kept a 10th of that. His role sounds a lot more middleman, then it does kingpin.

[James Woods]

wow

that's just great.

how much has the us federal government laundered out of the pockets of the people to fund their pet projects and line their pockets?

can they please continue to spend money we don't have so that our debt can further go beyond any repayment.

from what i've read you could combine the money that all the countries in the world have on hand and still not be able to pay off our debt yet we're worried about 2.5 of phony credit cards?

Gee, im sorry, please continue to allow the big bankers with their 20-30% interest rates only be running the credit cards and please let the government continue to spend us into a third world country.

While your at it make sure you bring in the people of the third world as well so that we all gradually dissolve into the likes of mexico.

thank you bankers, here take some more bailout money so that you can loan to small business.

we're on about our third stimulus for this since with the first 2 they haven't done anything and we have a president that knows nothing about how an economy works.

[Andrew the Invertebrate]

Nurse!!!

he's out of bed again.

[blackkie]

US fraud nation

There are more fraudsters in the US reported daily than anywhere else. Yet, you and your ilk will never give the US that kind of label. I suppose it suits you and your skin colour-minded fans(readers) to give negative labels to those who might be different from you.