Mohammad K. Mohmand, Credit Card Fraud, Maine 2020

Former Orono Convenience Store Owner Pleads Guilty to Credit Card Fraud

BANGOR, Maine: A Massachusetts man has been brought to justice for his involvement in a elaborate credit card scam that cost a financial institution over $100,000.

Mohammad K. Mohmand, 43, formerly of Orono, operated the Orono Thriftway Food Center convenience store. Mohmand pleaded guilty to access device fraud in federal court, where he was charged with processing over $100,000 in false credit and debit card returns to the accounts of family and friends.

The false returns caused illegitimate payments to be received by the account holders and the bank account linked to the store’s card settlements to be overdrawn, resulting in losses to a financial institution.

Mohmand faces up to 15 years in prison and a $250,000 fine. He also faces up to three years of supervised release. He will be sentenced after the completion of a presentence investigation report by the U.S. Probation Office. A federal district judge will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors.

The case was investigated by the U.S. Secret Service and the Orono Police Department.

Mohmand's actions not only caused financial loss to the bank but also undermined the trust in the financial system. His guilty plea is a step in the right direction towards accountability and justice.

As the investigation unfolds, it is clear that Mohmand's actions were deliberate and calculated. His involvement in the credit card scam highlights the need for increased security measures in the financial sector.

The U.S. Secret Service and the Orono Police Department deserve credit for their tireless efforts in bringing Mohmand to justice. Their dedication to upholding the law and protecting the public is commendable.

Source: https://www.justice.gov/usao-me/pr/former-orono-convenience-store-owner-pleads-guilty-credit-card-fraud