November 29, 2014
LAS VEGAS (AP) - Two men have admitted in Las Vegas they headed an illegal credit repair mill called Trade Line Pros, with victims in southern Nevada, the Los Angeles area and New York.
Court records and a defense attorney say Michael Lee Olden and Shafiq Ahmad Beria each pleaded guilty Monday in Clark County District Court to felony establishing a financial forgery laboratory.
Each faces probation or up to 10 years in prison at sentencing April 10.
The two men were indicted Nov. 20 after being charged Nov. 14 with eight other people with taking part in a scheme to send forged police reports to consumer credit reporting agencies.
Investigators said the documents indicated that customers had been victims of identity theft, and their credit ratings should be restored to a favorable rating.