Two LA men who fled to Israel have been indicted in connection with a $33 million bank fraud.
The self-described “Credit Line Millionaire” is facing 30 years in prison after pleading guilty Thursday to bank fraud.
Federal officials say 22 people were arrested Thursday in Los Angeles, San Diego, Las Vegas and Maryland and others are being sought.
Federal prosecutors say two Europeans have pleaded guilty to running an Internet scam where they sold non-existent cars to American victim to bank more than $4 million.
Five people were convicted Friday of federal charges for their part in an international Internet-based operation that was set up to defraud American banks.