Business Line Of Credit | Edgewater Woman Gets More Than 4 Years For Fraud Schemes
January 20, 2012 – 12:59 pm
Inna Ioulevitch, 51, used the identities to fraudulently obtain credit cards and small-business loans over six years, spending the money at high-end department stores such as Neiman Marcus and Saks Fifth Avenue and taking trips to Europe, Miami Beach and Atlantic City, authorities said.
She also spent the money to lease a Mercedes-Benz and to pay bills for massages and for maintenance fees on a waterfront condominium in a gated community in Edgewater , authorities said.
In the process, she ruined the credit of her victims, said Manhattan U.S. Attorney Preet Bharara.
“Lacking good credit herself, Inna Ioulevitch ruined the credit of others by opening fraudulent accounts in their names and using their lines of credit to underwrite her prodigious spending habits,” Bharara said. “She will now be punished for her crimes.”
Ioulevitch pleaded guilty to bank fraud, access device fraud and aggravated identity theft in federal court in Manhattan last July, authorities said. The 54-month sentence was imposed by U.S. District Judge Paul A. Crotty.
Ioulevitch’s attorney, Albert Dayan, had asked the court to show compassion. Citing a psychological report, he said his client had been clinically depressed at the time she committed the offenses and noted she had emigrated from the Ukraine at age 30 to chase the American dream after
Click here to view rest of article from original site
|
|
|
Tags: business line of credit