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13 Year Mom and Daughter Credit Card Fraud Scheme

29 Aug 2022 12:05 PM | Jane E. Ryan (Administrator)

Long Island mom and daughter ran 13-year credit card fraud scheme that racked up $850,000 in charges

Stephen M. Lepore For Dailymail.Com - Aug 29

A mother and daughter from Long Island have been charged with racking up $850,000 in fraudulent credit card purchases for over a decade. 

Karan Geist, 61, and her daughter Alyssa Geist, 33, both pleaded not guilty to grand larceny, fraud and other charges in Manhattan Supreme Court Friday. 

They're alleged to have used 14 different credit card companies to run the 13-year-long scam to buy designer clothes and expensive vacations, according to the New York Post

Manhattan prosecutors accuse Karan Geist of falsely reporting the nearly $1million between 2008 and 2021. 

They say she got credit placed on her statements when she would call banks and report phony charges. On separate occasions, she got $205,000 put on an American Express card and $155,000 put on a Chase Card. 

DA Albin Bragg's office said the purchases 'ranged in nature from the luxurious to the mundane.' 

The Geist women would travel on the card to destinations as wide-ranging as Paris, Milan, Norway, Costa Rica and Hawaii. A photo posted online shows the two walking the famous Abbey Road in London.

Assistant District Attorney Catherine McCaw said in court: 'She booked tickets in her own name, car rentals in her family member's name, hotel stays in her own name, and other luxurious purchases like watches and handbags while she was traveling.' 

As Bragg's office called out, she wouldn't just use the credit for extravagancies, she would use it at dollar stores or to pay simple bills for veterinary care, in addition to the occasional department store shopping spree.

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