Security News in Brief: Superseding Indictments Charge Three Bank Employees and Eight Others in Alleged Counterfeit Checks and Bank Fraud Schemes

Source: United States Department of Justice News

PROVIDENCE, R.I. – Acting United State Attorney Richard B. Myrus announced today that a pair of superseding indictments unsealed in federal court in Providence charge eleven individuals, including three bank employees, with participating in schemes to defraud local banks by creating and depositing checks, then withdrawing bank funds prior to financial institutions discovering the fraudulent activity. The counterfeit checks contained personal account information belonging to, among others, individuals, small businesses, an insurance company, and an attorney’s office.