Police: New London residents busted for credit card fraud

New London – State, local and federal law enforcement agencies arrested three city residents Thursday morning while conducting four search and seizures related to an investigation into the theft of more than $326,000 with fraudulently used credit cards.

Joseph Ellis, 66, of 158 Hawthorne Drive Apt. 13-E, and Michael Hyslop, 28, of 70 Farming Ave. Apt. 1-E, were each arrested and charged with first-degree larceny and conspiracy to commit first-degree larceny. Shauntay Ellis, 25, of 206-208 Shaw St., was arrested on a warrant and charged with failure to appear in court.

Joseph Ellis is held on $250,000 bond and will be arraigned at New London GA 10 court on Friday. Hyslop is held on $50,000 bond and will appear in court Friday as well.

Police say four search and seizure warrants were executed around 10 a.m. at four different city residences, which led to the arrests and the discovery of evidence and a large amount of stolen property.

Three other individuals connected to the case are incarcerated, police said, and will be arrested on additional charges.

Police say the investigation is continuing and more arrests are expected.

The case originated with the state police casino unit, but numerous other agencies assisted, police said, including the Eastern District Major Crime Squad, state financial crimes task force, the state narcotics task force, the U.S. Secret Service, the U.S. Postal Inspector’s Office and the New London, Groton City, Groton Town and the Waterford police departments.