Roberts Law Group PLLC

North Carolina Criminal Defense Attorneys

Hablamos Español • Credit Cards Accepted Visa | MasterCard | American Express | Discover Network
Download Our App Now
Android App on Google PlayDownload on the App Store

North Carolina's Credit Doctor facing fraud charges in federal court

A North Carolina businessman is facing 74 counts of criminal charges after being indicted in federal court last week. The charges are the result of allegations that he engaged in fraud and money laundering to the tune of $4 million through the use of fraudulent credit applications.

The Wilmington man operated his business as the Credit Doctor and mainly served businesses in the formation stage as well as assisting them with credit repair and rebuilding. For a 15 percent fee, the Credit Doctor was able to offer his clients advantageous line of credit approvals to help start or save their businesses when no one else could. His clients willfully provided him with a full name, address, Social Security number and date of birth so he could pursue credit approvals on their behalf.

Allegations indicate the Credit Doctor submitted fraudulent applications for lines of credit and credit cards for hundreds of clients over a recent five year period. As of late last week, the doctor faces charges brought by Attorney General George E. B. Holding which include wire fraud, bank fraud, aggravated identity theft, money laundering and obstruction of justice.

North Carolina's Secretary of State has indicated the Credit Doctor is also the owner of another business, a real estate company in the Wilmington area. It is not unreasonable to assume that company's records will come under intense scrutiny in the forthcoming trial.

The Credit Doctor was denied bail on these federal charges this past Monday, forced to remain in Brunswick County Jail until his trial date due to a lack of federal detention centers in the Wilmington area.

Source: Triangle Business Journal, "Credit Doctor charged with $4M fraud" 3/4/11

Take The Next Step. Start Your Free Consultation Today.

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Follow us on Twitter