Former New York Federal Reserve Bank Employee and His Brother Sentenced to Prison

PREET BHARARA, United States Attorney for the Southern District of New York, announced that CURTIS L. WILTSHIRE, a former employee of the Federal Reserve Bank of New York ("FRBNY") and his brother, KENNETH WILTSHIRE, were sentenced today to 40 months and 57 months in prison, respectively, for their roles in schemes to obtain hundreds of thousands of dollars in fraudulent loans. The sentences were imposed today by United States District Judge P. KEVIN CASTEL in Manhattan federal court. CURTIS WILTSHIRE previously pleaded guilty to bank fraud and aggravated identity theft. KENNETH WILTSHIRE previously pleaded guilty to mail fraud and aggravated identity theft. The sentences imposed today include a mandatory minimum two-year sentence imposed on aggravated identity theft charges. According to the Indictment of CURTIS WILTSHIRE, the Superseding Information filed with respect to KENNETH WILTSHIRE, other documents filed in this case, and statements made in Manhattan federal court: Posted in: Internal Fraud