Clinton man sentenced for bank fraud, identity theft
May 21, 2009
Total Loss:
$165,000
Carl Jack Smith, 41, told a Maryland District Court he was given checks stolen from the Upper Marlboro post office by co-conspirators, who would then cash the checks with fake identification provided to them by Smith.
Throughout the 10-month scheme, Smith, Spencer and three other co-conspirators attempted to defraud eight banks in Maryland and Washington D.C., including M & T Bank, CitiBank, SunTrust Bank, Bank of America, The Columbia Bank, Provident Bank and Industrial Bank, whose deposits were insured by the Federal Deposit Insurance Corporation and withdrew more than $165,000.
Source:
The Gazette
Posted in:
Check Fraud