Sounds a little fishy my friend. First of all you cant be charged with fraud on a pre-paid card as they have to be paid for up front and cant be used unless activated. Second why would your friend use your email address? Why would you let him since you say it opens you up to spam?
You are leaving some things out and you probably shouldnt be posting about it here because it just could be used as evidence against you. If i were a lawyer and I read that post I would assume you are guilty and looking for legal advice under the guise of "your friend".
Besides there is no possible way to get charged with identity theft on a pre-paid card as they have no identity associated with them. They are like universal gift cards.
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