Waynesboro Woman Pleads to Bank Fraud
June 9, 2009
Total Loss:
$55,000
To perpetrate the scheme, Mary Ann Blair, or others, would obtain checks from local banks belonging to accounts that had been closed or contained no funds. They would then open a new account at the bank and deposit one of the worthless checks. Immediately thereafter they would travel to a different branch location of the same bank and deposit additional worthless checks. Once several checks were deposited, they would travel to a branch location not previously visited and withdraw the money.
Due to the timing of the deposits and withdraws, the banks were unaware that the deposited checks were worthless. In all, the scheme resulted in loses of more than $55,000 to several local banks.
Source:
WHSV.com
Posted in:
Check Fraud