CLEARFIELD – A Curwensville man accused of misusing his employer’s business credit card waived his right to a preliminary hearing before Magisterial District Judge Richard Ireland during Centralized Court on Wednesday at the Clearfield County Jail.
Raymond James Aughenbaugh IV, 20, of Curwensville has been charged with 48 counts of other reason access device is unauthorized by issuer. His bail has been set at $5,000 unsecured.
According to the affidavit of probable cause, on July 30, the owner of Audio Video Appliance Center contacted Clearfield Borough police about an employee, Aughenbaugh, making unauthorized charges to a business credit card that had been issued to him. An officer responded to the business and talked to its accounting representative.
The representative told police she discovered Aughenbaugh had made several cash advance transactions on a credit card that had been issued to him by the business. When the representative reviewed these transactions, she discovered a total of $1,804.49 worth of unauthorized charges. Aughenbaugh started making the unauthorized charges May 16 and continued through July 30. The representative provided the officer with a copy of the credit card account’s activity report.
On July 31, the business owner advised police that he had terminated Aughenbaugh due to the unauthorized use of the credit card. The total amount of the unauthorized charges doesn’t include other fees and interest charges for but not limited to the six cash advances made by Aughenbaugh, the affidavit states.
When interviewed by police, Aughenbaugh admitted to making the unauthorized charges related to the incident. Further, he also admitted that he was aware that he didn’t have permission to use the credit card for these charges. He provided police with numerous transaction receipts related to the incident. Aughenbaugh told police he kept the transaction receipts, knowing his actions would eventually “catch up to him.”