PHOENIX (Legal Newsline) – Andrew James May of Scottsdale has been indicted on six felony counts after an alleged credit card scheme, Arizona Attorney General Mark Brnovich announced.
May allegedly scammed consumers out of thousands of dollars through a scheme that involved processing fees for high-limit credit cards and then not delivering the cards. These alleged acts violate the state’s laws, leading to charges of fraudulent schemes and artifices, theft and criminal impersonation.
May purportedly advertised his scheme on Craigslist. According to the charges, he claimed he could underwrite Visa credit cards with $100,000 limits for roughly $1,000 in processing fees.
Visa and Compass credit cards claim no affiliation to May. These companies do not allow third parties to underwrite credit cards.
Assistant Attorney General Michelle Hogan is handling the case.