The Southern District of New York U.S. Attorney’s Office announced that Michael Brown, CEO of Credit Bureau Center, LLC, pleaded guilty on March 30, 2026, to conspiracy to commit wire fraud and wire fraud for a scheme that posted fake rental ads on a classified‑ads website. The ads lured potential renters to Brown’s credit‑report sites, where they entered credit‑card data, paid $1.00, and were automatically enrolled in a $29.94 monthly credit‑monitoring membership without their knowledge. The scheme generated about 2.7 million website visits and at least $6.8 million in revenue from roughly 169,000 customers. Brown faces up to 40 years in prison and is scheduled to be sentenced on September 1, 2026.
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