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Furniture Store Owner Convicted of Fraud
February 7,
2011 by in UnCategorized
By Home Furnishings Business in Legal on February 8, 2011
The owner of now-defunct furniture store Style Furniture was convicted of fraud, the Houston Chronicle reported Monday.
Peter Luong Tran faces 20-plus years in prison after a federal jury convicted him of bank fraud and five counts of access device fraud.
Prosecutors said he used his Houston store to process fraudulently obtained credit cards for cash totaling more than $400,000.
Sentencing is scheduled for May 13.