A man who rang up more than $400,000 in fraudulent credit card charges after stealing the identities of students at the University of Southern California was sentenced to 87 months in federal prison.
Victor Igbineweka, 26, was sentenced Tuesday and also ordered to
pay more than $411,000 in restitution to the various banks he defrauded.
Igbineweka pleaded guilty in September to bank fraud, aggravated identity theft and money laundering, admitting that he set up a business in the San Fernando Valley to facilitate the identity theft scheme.
Prosecutors said Igbineweka targeted college students, and on at least one occasion, was able to steal mail from a USC dorm room.
He used pre-approved credit card applications to apply for credit cards in students' names.
He fraudulently obtained scores of credit cards in the names of dozens of students, and he used the cards to make more than $400,000 in fraudulent charges through his business merchant account, prosecutors said.
When Igbineweka was arrested in March, federal agents found hundreds of pre-approved credit card applications and the personal information of hundreds of individuals in his apartment.