A Wachovia Bank employee and two co-conspirators have been indicted for stealing customers’ account information. Charges include aggravated identity theft and bank fraud conspiracy.
Yolanda Denise Scott, 31, worked in Wachovia Bank’s exceptions department and, in 2007, allegedly fed stolen account numbers, signature cards, routing numbers and personally identifying information to Schnikia Scruggs, 37. Scruggs, in turn, passed account information on to Germaine Monroe, 57, according to the indictment.
All three women are from the Atlanta metro area.
Scruggs, 37, is accused of using the stolen account information to electronically transfer thousands of dollars into her PayPal and bank accounts. The money was allegedly used to make online payments on utility bills and retail charge accounts.
Monroe allegedly received information from Scruggs that gave her access to at least one of the bank accounts. She also allegedly transferred money from the account into a PayPal account, and used the stolen funds to electronically pay bills.
Each of the defendants has been charged with one count of bank fraud conspiracy, which carries a maximum sentence of 30 years in prison and a fine of up to $1 million.
Scott and Scruggs each face four counts aggravated identity, which carries a mandatory minimum sentence of two years for each charge and must be served consecutively to a prison sentence for the conspiracy charge.
Monroe has been charged with two counts of aggravated identity theft.
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2 Comments
Are you a professional journalist? You write very well.
Thank you, Mack. I am a professional journalist, but, after my ID theft experience, my focus shifted to that subject. I writer about LIfeLock because of their wonderful protection services.