Scheme Used the Internet to Distribute Counterfeit Checks Across the Country
GREENBELT, Md. (May 27, 2008) - Tyron Lydale Johnson, age 35, of Waldorf, Maryland, pleaded guilty on May 21 to bank larceny in connection with an internet scam to deposit counterfeit checks into his account at Andrews Federal Credit Union (AFCU), announced United States Attorney for the District of Maryland Rod J. Rosenstein.
According to the plea agreement, on November 15 Johnson deposited a check for $89,991.95 issued by First Sound Bank in Redmond, Washington, into his AFCU account. Johnson subsequently made $19,000 in cash withdrawals from this account and purchased a 2004 Ford Expedition, several vehicle accessories, a $5,000 diamond ring, numerous electronic items and a vacation to Georgia. In January 2007 First Sound Bank returned the check as counterfeit and AFCU froze Johnson’s account with a balance of $32,496.93. There have been approximately a dozen attempts at negotiating other counterfeit copies of this same check all over the country.
On December 5, 2006 Johnson deposited a check for $18,776.38, issued by Wells Fargo, into his AFCU account. This check was returned as counterfeit during the clearing process and the money was never released to Johnson’s account. There have been over 80 attempts to negotiate the same counterfeit check nationwide.
Johnson admitted to agents of the U.S. Secret Service that he was part of an internet scam through which he was supposed to deposit third party checks into his account and send the money overseas. Johnson deposited the checks but spent the money instead. Johnson admitted that both counterfeit checks came from the same source. The intended loss was $108,768.33.
Johnson faces a maximum sentence of 10 years in prison, followed by three years of supervised release. U.S. District Judge Peter J. Messitte has scheduled sentencing for July 28, 2008 at 9:30 a.m.
Source: United States Attorney Rod J. Rosenstein