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Sacramento gang member gets 5 years in prison for bank fraud

November 30, 2010
Total Loss: $2 million

A U.S. District judge sentenced Sacramento gang member Donald Taylor, 39, on Monday to five years in prison for conspiracy to commit bank fraud. Taylor, who pleaded guilty to the charge on Aug. 31, 2009, was accused of being apart of a financial scheme that stole between $1 million and $2 million from 37 financial institutions in late 2007 and early 2008, said Lauren Horwood with the U.S. Department of Justice.

Source: News 10
Posted in: Credit Card Fraud Debit Card Fraud
Tags: debit cardcredit card