A Kansas resident admitted to stealing about $160,000 from U.S. banks in a check fraud scheme.
According to the United States Attorney’s Office for the Western District of Missouri, Jevon Crudup defrauded banks by depositing stolen and altered U.S. Treasury Department checks.
“The defendant deposited altered and forged Treasury checks into ATMs using the bank accounts of other people he met online.”
Under the scheme, people Crudup recruited online would hand over their bank account details and sometimes the credentials required to access them, in exchange for undisclosed financial compensation.
“Crudup would then use these individuals’ debit cards to withdraw funds from the account, or the defendant would ask these individuals to make cash withdrawals and electronic transfers of funds to him using various online payment systems.”
Ministry of Justice He says that over the course of the check laundering scheme, Crudup deposited at least 15 such U.S. Treasury Department checks, resulting in bank losses of $160,000.
Crudup, now faces 57 months in prison without parole.
He was also ordered to pay approximately $88,020 to the affected banks in compensation.
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