.

Magic Store Owner Charged with $560k in Credit Card Fraud Gets Sentencing Rescheduled

Owner of Hank Lee's Magic Factory has sentencing delayed.

The owner of a Medford magic trick store was initially expected to be sentenced later in July, but that's changed.

Harry Levy, the owner of Hank Lee's Magic Factory, pleaded guilty to charges of credit card fraud and making false statements in March. Levy made $561,927 in unauthorized charges to one customer's credit card over a two year period, then misled investigators as they looked into the charges in 2011, according to signed court documents.

The customer, a wealthy Texas man, was an occassional shopper through the magic store's website, according to court documents. The unauthorized charges were noticed when one of his assistants was going through his statements.

Sentencing in the case was originally slated for July 20, but it was rescheduled earlier this week to Sept. 6 by U.S. District Court Judge Patti Saris, according to court filings.

Levy could face a total of up to 20 years in prison on the charges, though prosecutors will seek a sentence at the "low end of sentencing guidelines," and to have Levy ordered to pay resititution to the victim, according to the plea agreement.

The Magic Factory has remained open since the charges were brought forward, and its website was still taking orders as of July 5.

Read more:

Boards

More »
Got a question? Something on your mind? Talk to your community, directly.
Note Article
Just a short thought to get the word out quickly about anything in your neighborhood.
Share something with your neighbors.What's on your mind?What's on your mind?Make an announcement, speak your mind, or sell somethingPost something