Texas man indicted for spending thousands on guns with company credit card

Kenneth Hoang

A 44-year-old man from Katy, Texas, faces fraud charges for going on a $330,000 shopping spree to gun stores and other shops with his company credit card, the U.S. Attorney’s office said.

Kenneth A. Hoang has been charged with six counts of wire fraud for using the company American Express Company card to buy more than $23,400 on guns, among other things, according to the indictment filed in a Texas federal court on Dec. 11.

TurboCare, Inc., a subsidiary of the engineering company Siemens AG, employed Hoang and issued Hoang the credit card for business expenses, but failed to retrieve the card after firing him in August 2012 for insubordination and missing work.

Around July 2013, Hoang started using the TurboCare AMEX card and bought 17 guns. In the following month, TurboCare discovered the fraudulent purchases and cut off the card.

According to the indictment, Hoang committed fraud by misleading merchants into believing he was authorized to use the credit card, but he was not.

If convicted, Hoang faces a maximum of 20 years in prison and a possible $250,000 fine on each count, in addition to forfeiture of the property.

Source Article from http://www.guns.com/2014/12/26/texas-man-indicted-for-spending-thousands-on-guns-with-company-credit-card/

Charles is the editor for 248 Shooter a midwest based gun news and gear review site as well as Online Content Director for On Target Magazine. He is an avid student taking classes from top tier trainers around the country. Charles shares his love for training as well as experience and opinions on some of the most talked about gear and products used by competitive shooters, military, leo and civilians.