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Va. man sentenced for wire, bank fraud

Tuesday - 3/13/2012, 11:56am  ET

ROANOKE, Va. - A Virginia man has been sentenced to a year in prison for using credit cards he obtained using false information.

Federal prosecutors say 42-year-old Ahmad Abedallah Al-Mikdadi of Roanoke pleaded guilty in August to charges of making false statements, bank fraud and wire fraud. He was sentenced Monday in U.S. District Court in Roanoke.

In addition to his prison sentence, Al-Mikdadi also was sentenced to three years of supervised release and was ordered to pay nearly $68,000 in restitution.

Officials say Al-Mikdadi admitted to obtaining a credit card based on false information as part of a scheme known as a "bust-out" scheme. He made charges and cash withdrawals against the credit cards for which he had no ability or intention to pay.

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