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Bank Swindle Draws 5 Year Prison Sentence

February 17, 2011
Total Loss: $440,000

A Hartford man was sentenced to five years in prison for organizing a sophisticated scheme to swindle nearly $400,000 from the Bank of America. The sentence was imposed following Troy Moody's second federal bank fraud conviction in 10 years. In 2001, Moody, 41, was sentenced to about 51/2 years in prison for a $440,000 fraud.

Source: Hartford Courant
Posted in: Check Fraud Internal Fraud