What to Know
- The Valley Stream resident was charged in February 2013 in a conspiracy to fabricate more than 7,000 false identities
- The scheme caused more than $200 million in losses to businesses and financial institutions
- Prosecutors say 19 people have pleaded guilty in the scheme
A Long Island man is in custody nearly four years after he was charged in what New Jersey prosecutors call one of the largest credit card fraud schemes ever.
Habib Chaudhry, 49, faces arraignment this week.
The Valley Stream resident was charged in February 2013 in a conspiracy to fabricate more than 7,000 false identities to obtain tens of thousands of credit cards. Prosecutors say 19 people have since pleaded guilty in the scheme.
The scheme caused more than $200 million in losses to businesses and financial institutions.
It is not clear where Chaudhry was apprehended. Information on an attorney for him wasn't immediately available.
Copyright AP - Associated Press
