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Shreveport Man Arrested for Credit Card Fraud

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A concerned individual at a desk looking at multiple credit cards.

News Summary

Matthew Allen of Shreveport has been arrested for allegedly using a stolen business credit card to rack up nearly $49,000 in unauthorized charges, predominantly on adult subscription sites like OnlyFans. The police apprehended him following public tips about his suspicious spending habits. Allen now faces serious charges of theft and access device fraud, which could lead to significant penalties if convicted. The Shreveport Police Department has urged the community to stay vigilant against financial crimes.

Shreveport Man Arrested for Using Stolen Business Credit Card to Rack Up $49,000 in Unauthorized Charges on Adult Sites

Shreveport, LA – Matthew Allen has been arrested by the Shreveport Police Department on charges of theft and access device fraud. This arrest follows allegations that Allen used a business credit card without authorization to make extensive unauthorized purchases, predominantly on adult content platforms.

According to authorities, the majority of Allen’s illicit purchases were made on OnlyFans and Fansly, platforms known for providing adult content through subscription services. Investigators have reported that Allen’s expenditures on these sites alone totaled nearly $7,000. However, further inquiry into his financial activities revealed additional suspicious transactions, culminating in a staggering total of almost $49,000 in fraudulent charges.

Allen voluntarily turned himself in to law enforcement on July 2. Prior to his surrender, the police had sought the public’s assistance in locating him, highlighting the unusual nature of his spending habits, which had raised “more than a few eyebrows,” according to detectives involved in the case.

Details of Transactions

Following his arrest, investigators discovered that Allen’s unauthorized purchasing behavior extended beyond what was initially identified. The ongoing investigation revealed multiple transactions that raised suspicions, leading to a comprehensive review of his financial activity. The revelation of the full extent of his fraudulent expenditures ultimately contributed to the overall charges of theft and access device fraud he now faces.

Understanding the Platforms Involved

OnlyFans and Fansly serve as subscription-based platforms that allow content creators, including those producing adult content, to monetize their offerings. Users pay a subscription fee to access content from creators they follow. The nature of this business model and the anonymity it can provide to users may have been factors that enabled the unauthorized charges to accumulate without immediate detection.

The Shreveport Police Department has encouraged the public to remain vigilant and report any suspicious activities similar to Allen’s. Prior to his apprehension, authorities provided contact information for anyone who might have helpful tips regarding his whereabouts, emphasizing the importance of community involvement in resolving such cases.

Legal Implications

Matthew Allen now faces serious legal consequences for his actions. The charges of theft and access device fraud are taken seriously in Louisiana, and if convicted, Allen could face significant penalties, including hefty fines and possible imprisonment. The legal system aims to deter such fraudulent activities and protect businesses and individuals from unauthorized financial practices.

Conclusion

The arrest of Matthew Allen serves as a reminder of the potential consequences of financial fraud. As online transactions become increasingly common, individuals are urged to safeguard their financial information and report any suspicious activity to the authorities. The Shreveport Police Department remains committed to addressing crimes related to financial fraud and protecting the local community.

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Additional Resources

Shreveport Man Arrested for Credit Card Fraud

HERE Shreveport
Author: HERE Shreveport

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