Tracey Coleman, 46, of Rosedale, N.Y., and Wanell Wallace, 23, of Fresh Meadow, N.Y., allegedly attempted to fraudulently charge more than $500,000 using stolen account numbers. They were each charged with one count of conspiracy to produce, use, and traffic in one or more counterfeit access devices, with intent to defraud, in a manner affecting interstate commerce; and one count of conspiracy to do so during any one-year period and obtaining $1,000 or more.
Coleman and Wallace fraudulently obtained funds, which were deposited into American Express accounts in their names, by using numerous credit card account numbers issued by Capital One Bank, according to documents filed in the case and statements made in court.
Coleman and Wallace fraudulently obtained the numbers, which Wallace would then use to purchase prepaid debit cards in CVS stores throughout the New Jersey area. They used the prepaid debit cards, known as “Vanilla Reload” cards, to deposit funds into the American Express accounts.
An estimated $500,000 in fraudulent transactions took place in Wallace’s name. This includes attempted and successful transactions.
Each of the counts with which each defendant is charged carries a maximum potential penalty of five years in prison and a $250,000 fine, or twice the gross gain or loss from the offense.