Owner of two apartments finds $1,100 in credit card fraud, court documents say
Posted On July 7, 2021
BALTIMORE — An owner of two apartment buildings in downtown Baltimore has been arrested for allegedly using a credit card to buy nearly $1.2 million worth of luxury furnishings and other items.
According to a police affidavit, 24-year-old Daniel N. Gaddis purchased a $1 million home in the area of East 15th Street and E. Washington Avenue on July 5, 2016 for $1 to $1 1/2 million, a source familiar with the investigation told ABC News.
Gaddis later paid a $750,000 security deposit for the home and used a credit account belonging to another person to purchase a $800,000 apartment at a different location, according to the affidavit.
The owner of the two buildings told police that they were told that N.
Gadis purchased the two apartments at different times during the same three-month period, the affidavit said.
Ngaddis was arrested July 11 on charges of grand larceny and identity theft, and was ordered held on $500,000 bond.
The affidavit did not indicate if N.J. Gadsden, who is also known as David N., was arrested for any charges related to the apartment purchases.
He is scheduled to appear in court on Aug. 11.
The case is still under investigation and is being handled by the Baltimore Police Department’s Counter Fraud Task Force.