ALBANY — A Clifton Park woman could face up to two decades in prison if indicted on social security fraud charges.
Kristin M. Vargas, 33, was arraigned on Wednesday on a 9-count indictment charging her with using and selling stolen social security numbers, said a press release from the U.S. Attorney’s Office.
In 2013 and 2014, Vargas allegedly obtained and sold stolen social security numbers (SSNs) over the internet. Vargas then advertised the stolen SSNs as “credit profile numbers” and encouraged her customers to use the SSNs in place of their own on credit and loan applications as a means to escape negative credit histories. The indictment further alleges that Vargas used stolen SSNs herself on applications for credit.
The indictment charges Vargas with conspiracy to commit wire fraud, making false statements in loan and credit applications, and misusing social security numbers.
Vargas faces up to 20 years in prison, up to 3 years of post-imprisonment supervised release and a maximum $250,000 fine if convicted on all counts of the indictment. Vargas was arraigned today before U.S. Magistrate Judge Christian F. Hummel. She was released with conditions pending a trial before Senior United States District Judge Thomas J. McAvoy.
This case is being investigated by the Offices of Inspector General of the FDIC and SSA, and is being prosecuted by Special Assistant U.S. Attorney Jason W. White.