U.S. Bank has selected the Coeur d’Alene, ID area for a new service and call center facility to handle debit, small business and consumer credit card accounts, creating up to 500 new jobs over the next five years. The new 60,000 square foot facility will support U.S. Bank’s growing retail payment solutions division, which includes debit, small business and consumer credit card accounts. The call center will be located on the northeast corner of the Mill River development, which lies between Seltice Way and the Spokane River. U.S. Bancorp is the parent company of U.S. Bank. U.S. Bancorp (NYSE:USB), with assets of $192 billion, is the 7th largest financial services holding company in the United States.
TSYS has opened its new subsidiary, TSYS Technology Center, Inc., in Boise, ID. TTC team members will support technology efforts throughout the company. Most of the TTC team members were senior software application developers formerly employed with Sears, Roebuck and Co. at its Application Development Center at the Morrison-Knudsen office complex in Boise. With more than 264 million accounts on file, TSYS makes it possible for millions of consumers to use their credit, debit, stored value, commercial, smart and retail cards anytime, anywhere through any medium or portal.
A Lebanese national was sentenced yesterday to one year and three months in prison on federal charges relating to a credit card scheme.
United States Attorney Donald K. Stern announced today that ABDO KOUBA, 37, 7 Montvale Street, Roslindale, MA, was sentenced by U.S. District Judge Nancy Gertner on a 15-count indictment charging KOUBA with conspiracy, deceptive use of a Social Security number, credit card fraud and credit application fraud.
In addition to the prison term, Judge Gertner ordered KOUBA to pay over $312,000 in restitution to the numerous banks and credit card companies he defrauded.
At an earlier hearing, a federal prosecutor told the judge that ABDO and ILHAM EL KOUBA, brother and sister, planned an elaborate scheme to defraud banks and credit card companies by applying for and obtaining numerous credit cards and credit lines in their own names and the names of family members who are in Lebanon. One object of the scheme was to purchase used cars, on credit, for shipment to Lebanon. Once the credit card and credit line limits were reached, the KOUBAS intended to return to Lebanon, leaving the debt behind. In applying for numerous credit cards in the name of “Rita Kouba,” the defendants used a Social Security number which was not assigned to her. The credit card applications contained numerous other falsehoods, including the applicants’ residence and their source and amount of income.
By March 31, 1997, the KOUBAS had amassed an outstanding credit balance on some 49 credit cards totalling over $200,000. They also owed Bank of Boston almost $75,000 on personal, unsecured credit lines. Between November 1996 and March 1997, the KOUBAS purchased and shipped 29 used cars to Lebanon. In early March, ILHAM KOUBA, who had been employed as a manicurist/esthetician in Roslindale, left the United States to return to Lebanon.
The investigation was conducted by the Federal Bureau of Investigation with the assistance of the Office of the Inspector General, Office of Investigations, Social Security Administration. The case was prosecuted by Assistant U.S. Attorney Jeanne M. Kempthorne, Deputy Chief of Stern’s Economic Crimes Unit.