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Springfield man pleads guilty to bank fraud, counterfeiting

February 26, 2010
Total Loss: $100,000
A Springfield man pleaded guilty in federal court Friday to his part in a bank fraud and counterfeiting conspiracy worth more than $100,000. John Dennis Sedersten admitted to stealing checking account and personal identity information from multiple victims, which he used to make bogus ID documents and checks used for cash or to make purchases. He pleaded guilty to counterfeiting and bank fraud conspiracy charges, as well as transporting fraudulently taken property across state lines.
Source: Springfield Business Journal
Posted in: Check Fraud
Tags: checkddaover 100k