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Maine man who did time for fraud faces new charges

January 19, 2010
Total Loss: $9,000
A Brunswick man who served time in federal prison for an Internet scam conviction is facing new fraud charges. The Portland Press Herald says that 26-year-old Charles Stergios was released from prison last year following his 2005 conviction. Prosecutors say that since his release Stergios carried out a scheme in which he floated nonexistent cash among accounts that he set up at nine financial institutions,Stergios was indicted by a grand jury earlier this month. In one case, Stergios allegedly deposited a check for $9,000, payable to himself, at a TD Bank branch in New York City. The check was drawn on a fictitious account that carried the number of a Maine banker.
Source: News Times
Posted in: Check Fraud
Tags: checkddaunder 100k