3 accused of bilking $70K from stores with false credit accounts

FRESNO, Calif. (KBAK/KBFX) — A Bakersfield man pleaded guilty Monday to "conspiracy to use unauthorized access devices," meaning he admitted to fraudulently opening credit card accounts at big-box home-improvement stores and then, along with his co-defendants, charging in excess of $70,000 worth of merchandise, according to the U.S. attorney in Fresno.

Jorge Palenzuela, 43, entered the plea in federal court. Co-defendant Jairo Fernandez, 27, of Bakersfield, was already sentenced to five years in prison in the case, and co-defendant Yuri Perez Machado, 39, of Delano, is awaiting prosecution.

The men allegedly represented themselves to the home-improvement stores as agents of a business applying for a credit card account. They even falsified business documents to support their claims, according to the prosecutor's office.

The scheme was executed in California, Kansas and Texas.