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Local Man Arrested for Fraud Using Stolen Business Credit Card

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News Summary

Matthew Allen of Shreveport, Louisiana, has been arrested on charges of theft and access device fraud. He allegedly made nearly $49,000 in unauthorized purchases using a stolen business credit card. Initially, he targeted subscription-based adult content websites, but further investigation revealed a broader pattern of fraud. The Shreveport Police Department is urging the public to assist in this ongoing investigation while stressing the need for vigilance against such financial crimes.

Shreveport, Louisiana – A local man, Matthew Allen, has been arrested and is facing serious charges for allegedly committing fraud using a stolen business credit card. The Shreveport Police Department has reported that Allen is charged with both theft and access device fraud following his unauthorized use of a credit card owned by a local business.

Allen reportedly made several fraudulent purchases totaling nearly $7,000 on subscription-based adult content websites, primarily OnlyFans and Fansly. These platforms offer users access to exclusive adult material, including live streams, videos, and photos, requiring a subscription fee for content. However, further investigation revealed Allen’s fraudulent activities were not limited to these initial charges.

Subsequent inquiries by law enforcement uncovered an additional $42,000 in unauthorized charges linked to Allen, bringing the total amount of fraud attributed to him to approximately $49,000. Allen, aware of the building evidence against him, voluntarily surrendered to the authorities on July 2nd.

Ongoing Investigation and Public Appeal

The Shreveport Police Department is continuing its investigation into Allen’s activities and is seeking assistance from the public. SPD officials have appealed to individuals who may have additional information regarding Allen’s fraudulent actions or his whereabouts to come forward. They emphasize the importance of community involvement in unraveling such cases of financial crime.

Individuals with information can contact the Shreveport Police Department directly at 318-673-7300 or reach out to Crime Stoppers at 318-673-7373. For those wishing to report tips anonymously, the police have also provided the option to submit information via the P3 Tips app.

Background on Fraud Cases

Fraud involving stolen credit cards is a growing concern, especially with the increased use of online services. Allen’s case is indicative of a broader trend where individuals exploit digital platforms for financial gain through deceptive means. The use of subscription services, including adult content sites, adds a layer of complexity as they require financial transactions that can be targeted by fraudsters.

Authorities remain vigilant against such fraudulent activities, emphasizing the need for vigilance on the part of both businesses and consumers. Businesses are encouraged to implement robust security measures to protect their financial information, while consumers are reminded to monitor their accounts regularly for any unauthorized transactions.

As the investigation progresses, the Shreveport Police Department aims not only to address this particular case but also to deter future fraud through reporting and community cooperation.

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Additional Resources

Local Man Arrested for Fraud Using Stolen Business Credit Card

STAFF HERE SHREVEPORT WRITER
Author: STAFF HERE SHREVEPORT WRITER

The SHREVEPORT STAFF WRITER represents the experienced team at HEREShreveport.com, your go-to source for actionable local news and information in Shreveport, Caddo Parish, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Mudbug Madness Festival, Red River Revel Arts Festival, and Independence Bowl. Our coverage extends to key organizations like the Shreveport-Bossier Chamber of Commerce and Shreveport Regional Arts Council, plus leading businesses in gaming, healthcare, and energy that power the local economy such as Horseshoe Casino, Ochsner LSU Health, and Atmos Energy. As part of the broader HERE network, including HEREBatonRouge.com and HERENewOrleans.com, we provide comprehensive, credible insights into Louisiana's dynamic landscape.

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Author: STAFF HERE SHREVEPORT WRITER The SHREVEPORT STAFF WRITER represents the experienced team at HEREShreveport.com, your go-to source for actionable local news and information in

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