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Date: 11-05-2020
Case Style:
Case Number: 6:19-cr-00018-JDK-KNM-1
Judge: Jeremy D. Kernodle
Court: United States District Court for the Western District of Louisiana (Shreveport Parish)
Plaintiff's Attorney: United States District Attorney’s Office, Shreveport, Louisiana
Defendant's Attorney:
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Description: Shreveport, Louisiana criminal defense lawyer represented defendant charged with wire fraud.
Dennis Busch, 40, of Costa Mesa, California was charged with federal wire fraud.
Busch admitted to defrauding Capital One Financial Corporation (“Capital One”) of thousands of dollars in 2018 and 2019. Busch used altered, re-encoded Capital One debit cards to make cash withdrawals from ATMs located in the Western District of Louisiana by entering the account holder’s personal identification number and selecting a cash withdrawal from the bank account, without the account holder’s consent or knowledge.
In September and October 2018, Busch withdrew $33,838 from bank accounts of numerous Capital One account holders. In August 2019, Busch used the same manner and means to make unauthorized cash withdrawals in the amount of $28,607 from Capital One ATMs located in this district. He attempted to make numerous additional transactions, but those transactions were denied by the bank. In total, Busch made over 300 fraudulent ATM withdrawals from account holders residing in the Shreveport-Bossier City area. The investigation revealed that some of the account holders had previously responded to text messages that were part of a phishing scam, which compromised their banking information. Capital One reimbursed the account holders and ultimately sustained the loss.
The United States Secret Service conducted the investigation and Assistant U.S. Attorney Cadesby B. Cooper prosecuted the case.
FRAUD BY WIRE, RADIO, OR TELEVISION - Wire Fraud with Notice of Forfeiture
(1)
Outcome: Defendant sentenced to 72 months imprisonment, to run consecutively with any sentences that may be imposed in Docket No. 373,163, First JDC, Caddo Parish, Louisiana; Docket Nos. 18CRQ000036 and 17FQ0106B, Clark County Justice Court, Mesquite, NV; and Docket No. RIM1601112, Superior Court of Riverside County, Riverside, California; upon release from imprisonment, supervised release for a term of 3 years; $62,045 Restitution; $100 Special Assessment
Plaintiff's Experts:
Defendant's Experts:
Comments: