News Column

Three charged in credit card scam

July 20, 2014

By Carolyn Davis, The Philadelphia Inquirer

July 20--Two Montgomery County brothers and a Philadelphia man have been charged in a scam that "duped" more than 70,000 people into buying a credit card they thought would help them buy merchandise over the Internet while improving their credit score, the U.S. Attorney's Office in Philadelphia said Friday.

Blake Rubin, 30, of Huntingdon Valley, faces a prison term of up to 45 years and a $750,000 fine. Chase Rubin, 28, of Rydal, could get a maximum sentence of 65 years and a $1 million fine. Justin Diaczuk, 31, of Philadelphia, faces 25 years in prison and a $500,000 fine.

Authorities said "the defendants' fraud amounted to $7.5 million."

In early 2009, the Rubins began selling their card out of a call center in Jenkintown, a federal document said. In 2010, Diaczuk opened a second office in Philadelphia.

The Rubins sought customers, authorities said, among people who had applied online for short-term loans. Telemarketers calling them followed "deceptive and misleading scripts," the U.S. Attorney Office said, pitching a general-purpose credit card.

"In reality, these 'cards' -- which the defendants named the "Platinum Trust Card" and later renamed as the "Express Platinum Card" -- did nothing more than give the cardholder access to an online shopping website that offered little of value for sale" and did not help credit scores, the document said. The call centers were closed in 2012.




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Source: Philadelphia Inquirer (PA)

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