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April 23, 2008

Bank fraud hits RI, NH

A New York City man has been sentenced to more than six years in prison after pleading guilty to a bank fraud that prosecutors say netted $42,000 from accounts in New Hampshire and Rhode Island in two days.

Twenty-eight-year-old Warren Butler pleaded guilty in October in New Hampshire to conspiracy to commit bank fraud and aggravated identity theft. Authorities said Butler admitted buying account information from a bank employee in New York State, then sending it to “runners” around the Northeast who pretended they were the customers and withdrew money.

Butler also was ordered to pay $265,000 in restitution.

Two runners, Bryant Green and Latanya Jones, both of Boston, already have been convicted and sentenced. The case against the bank employee still is pending.

Posted by John Kostrzewa  at 8:04 AM | Permalink

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