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Two New York City men were arrested Saturday at the Borgata and charged with credit card fraud conspiracy.

(Tony Kurdzuk/The Star-Ledger)

ATLANTIC CITY — Two Queens, N.Y. men were arrested Saturday morning at the Borgata after trying to charge more than $500,000 over the past year, authorities said.

Tracy Coleman, 46, and Wanell Wallace, 23, are charged with credit card fraud conspiracy. They are due to appear in federal court in Camden this afternoon, U.S. Attorney for New Jersey Paul J. Fishman said in a release.

Prosecutors say Coleman and Wallace used fraudulently obtained Capital One credit card account numbers to buy prepaid debit cards in CVS stores throughout the New Jersey area. Those prepaid debit cards, or, "Vanilla Reload" cards, were then used to deposit funds into American Express accounts, which the men accessed for their personal use.

Some of the transactions at the Borgata were successful; others weren't. Of the $500,000 in charges and attempts between April 2013 and Saturday morning, $50,000 took place this month.

Both men face 10 years in prison and $500,000 in fines.

The Associated Press contributed to this report.



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