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Cracking the plastic: Sentencing scheduled in 1 of largest credit card schemes in US history
FARGO, N.D. (AP) ' A Canadian man charged in one of the largest credit card fraud schemes in U.S. history faces nearly 22 years in prison.
Adekunle Adetiloye (aw-duh-KUHN'-lee aw-duh-tuh-LOH'-ee) is scheduled to be sentenced Monday morning in Fargo. He pleaded guilty in federal court to mail fraud.
The case wound up in North Dakota after U.S. Bank's customer service center in Fargo intercepted calls by Adetiloye and others. Authorities say Adetiloye masterminded a scheme to open nearly 600 fraudulent bank accounts and bilk major banks out of $1.5 million dollars.
Defense attorneys argued during the sentencing phase that their client was a "marginal and minimal participant" whose role was to handle mail and withdraw money from ATMs. The government and the judge have said otherwise.
No one else is charged in the case.