A Kansas man has pleaded guilty to stealing nearly $160,000 from US banks in a fraudulent scheme.
According to the United States Attorney’s Office for the Western District of Missouri, Jevon Crudup committed bank fraud by depositing stolen and cashed US Treasury Department checks.
“The defendant deposited altered and fraudulent Treasury checks at ATMs using the bank accounts of other individuals he met online.”
Under the scheme, Crudup’s online recruits provide their bank account information and sometimes contact information, in exchange for undisclosed compensation.
“Crudup would then use these individuals’ credit cards to withdraw money from the account, or the defendant would require these individuals to withdraw money and send money to him using various online payment methods.”
Department of Justice he says that as part of the check laundering process, Crudup cashed 15 checks for the US Treasury Department, causing the bank to lose $160,000.
Crudup, now serving 57 months in prison without parole.
He was also ordered to pay the affected banks approximately $88,020 in restitution.
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