Rochester Man Charged with Making False Statements on Credit Card Applications
| U.S. Attorney’s Office June 17, 2011 |
ROCHESTER, NY—U.S. Attorney William J. Hochul, Jr. announced today that a federal grand jury in Rochester has returned a three-count indictment charging David Gaylord, 50, of Rochester, NY, with knowingly making false statements on credit applications. The charges each carry a maximum of 30 years in prison, a fine of $1,000,000, or both.
According to the indictment, Gaylord made false statements regarding his income on applications for credit cards to Advanta, Family First Federal Credit Union and Bank of America. The indictment alleges that the defendant knew that his income was substantially less than what he reported on those credit card applications.
The indictment is the culmination of an investigation on the part of the FBI, under the direction of Acting Special Agent in Charge Richard W. Kollmar.
The fact that a defendant has been charged with a crime is merely an accusation and the defendant is presumed innocent until and unless proven guilty.