OWNER OF SANTEE TRUCKING COMPANY PLEADS GUILTY TO $2 MILLION CREDIT CARD FRAUD AND IDENTITY THEFT SCHEME

WASHINGTON, Oct. 15 -- The U.S. Department of Justice's U.S. Attorney's office for XXXXXX (insert district) issued the following press release:

SAN DIEGO - Hasan Korkmaz, the owner and operator of San Diego Logistics Group Inc., a Santee trucking company, pleaded guilty in federal court today to all 18 counts of an indictment charging him with bank fraud, money laundering and aggravated identity theft.

According to his plea agreement, in 2022 and 2023, Korkmaz executed a credit card "bust-out" scheme-where fraudsters establish seemingly legitimate credit card accounts in other people's names and then "bust out" by maxing out the credit line with no intention of paying the balance.

Korkmaz admitted that he obtained names, dates of birth, ...