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  1. #1

    Default Accused of Credit Card Fraud Over Business Expenses

    My question involves criminal law for the state of: Michigan

    My husband borrowed money from his brother off his credit card. My husband has been making payments for two years, it was for his business, but we live in Michigan and the economy has really hurt his business and he has not been able to pay the payment for the past three months. My husband has a signed paper with his brother signature stating the monies he borrowed on the credit card and the balance (which is $50,000), NOW his brother is claiming fraud and is reporting him to the credit card company. The payments for the past two years has come out of the business checking account right to ciitbank. Does his brother have a case?

  2. #2
    Join Date
    Jan 2008
    Location
    Toledo, OH
    Posts
    16,307

    Default Re: Accused of Credit Card Fraud

    From where I sit, no. He has a signed agreement with regards to the funds, and payments have been made as agreed until recently.

    Certainly, a case could be made for delinquency, but fraud? I don't think so. Consult an attorney in your area to sort out options and cover your backsides.

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