Politics & Government

Upper Marlboro Man to be Sentenced for Credit Card Fraud

Eric Cade assumed a false identity and stole as much as $120,000.

Eric Cade, of Upper Marlboro, will be sentenced in August after he plead guilty this month to credit card and bank fraud, and aggravated identity theft.

The guilty plea was announced by United States Attorney for the District of Maryland Rod J. Rosenstein and Postal Inspector in Charge Daniel S. Cortez of the U.S. Postal Inspection Service, Washington Division.

According to his plea, a man employed Cade to prepare his income tax returns and provided Cade with his date of birth, social security number, employee information, pay stubs and W-2 forms.

Find out what's happening in Upper Marlborowith free, real-time updates from Patch.

From December 2000 to October 2007, Cade obtained multiple access devices with at least five separate financial institutions, namely credit cards or lines of credit, in the man's name without his knowledge or authorization. Cade used the credit cards and lines of credit for his own personal benefit.

In addition, Cade used the man's information to obtain a Capital One credit card; open three American Express Card Accounts; obtain a Chase Bank credit card and obtain a credit line with Dell, among many other things. He also used these accounts to make unauthorized charges and purchase a 2005 Cadillac Escalade. The total loss caused by Cade’s conduct was between $70,000 and $120,000.

Find out what's happening in Upper Marlborowith free, real-time updates from Patch.

Cade faces a maximum sentence of 10 years in prison for unauthorized use of an access device; 30 years in prison for bank fraud; and a mandatory two years in prison. Cade will be sentenced August 25 at 9:30 a.m.


Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.

We’ve removed the ability to reply as we work to make improvements. Learn more here

More from Upper Marlboro