A Utah man has been sentenced to 57 months in prison for his role in two criminal schemes. The U.S. Attorney Philip Sellinger announced the sentencing Thursday.
Timothy Gibson, a 48-year-old from Lehi, Utah had previously pleaded guilty in federal court to Count One of a five-count indictment that charged him with conspiracy to commit wire fraud for his role in the multi-million dollar credit card fraud scheme that occurred in New Jersey. He also plead guilt to making false statements to a bank as part of a scheme that took place in Utah.
According to prosecutors, Gibson and his conspirators solicited personal information from straw credit card applicants so the members of the conspiracy could submit falsified credit card applications to obtain credit cards. The cards were then used to make purchases that generated rewards points from the credit card company.
In general, purchases were made on the credit cards and were then canceled after the rewards points posted but before the credit card payments for the purchases were due.