NEWARK, N.J. – A Union County, New Jersey, man today admitted his role in a scheme to bribe postal employees to steal credit cards from the mail, Acting U.S. Attorney Rachael A. Honig announced.
Syid Boyd, 26, of Union, New Jersey, pleaded guilty by videoconference before U.S. District Judge Stanley R. Chesler to a two-count Information charging him with bribery of U.S. Postal Service (USPS) employees and credit card fraud.
According to documents filed in this case and statements made in court:
Boyd recruited USPS employees to steal credit cards from the mail in exchange for cash bribes. Once Boyd had taken possession of the stolen credit cards and activated them by posing as the actual accountholders to whom the cards were originally mailed, he and others fraudulently used the stolen credit cards to purchase items, including electronics, at various retail stores throughout New Jersey.
Boyd faces a maximum term of imprisonment of 15 years for the bribery charge and 10 years for the credit card fraud charge. Each charge also carries a maximum fine of $250,000, in part.
Acting U.S. Attorney Honig credited the postal inspectors of the U.S. Postal Inspection Service, under the direction of Acting Inspector in Charge Raimundo Marrero, and special agents with the USPS-Office of Inspector General, Northeast Area Field Office, under the direction of Special Agent in Charge Matthew Modafferi, with the investigation leading to today’s guilty plea.