The U.S. Department of Justice announced that a Florida man pleaded guilty to one count of wire fraud for creating and depositing about USD 14 million in unauthorized checks into bank accounts held by sham U.S. companies. The scheme transferred funds from victims’ bank accounts without their authorization. The defendant used lists supplied by a client in Canada that falsely represented that thousands of people and businesses had made purchases from the sham companies and authorized account debits. Sentencing is scheduled for Nov. 5, and he faces a maximum prison term of 20 years.
U.S. Department of Justice2026-08-06
U.S. Department of Justice secures wire fraud guilty plea in USD 14 million fraudulent check scheme
The U.S. Department of Justice secured a wire fraud guilty plea from a Florida man who deposited about USD 14 million in fraudulent checks into sham companies’ accounts. He is scheduled to be sentenced on Nov. 5 and faces up to 20 years in prison.