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Fraud Scheme Lands Four People in Federal Prison

Counterfeit passports and identity theft, the two other crimes needed to pull of this even bigger crime is a rising problem all over the world and not just in the US. It is very important that all countries make use of stronger tactics and controls in order to reduce and even possibly eliminate this problem for good. Counterfeit passports are then used to make fraudulent bank accounts for perpetrators to then use for their fraud schemes, when things go even worse, used to anonymously smuggle in goods and weapons from other countries.

What is known as a white collar job, bank fraud is the use of illegal means to get assets, property, or money owned or held by financial institutions, obtaining money from a depositor while pretending to be a financial institution or a bank is also bank fraud.

In recent news, 4 Nigerian men who are residing in the US have admitted to be part of a big-time bank and passport fraud scheme in Rhode Island and in Massachusetts. And the question remains: how where they planning to con up to about a million dollars?

They have admitted to employing a tactic of defrauding different banking institutions in Rhode Island and Massachusetts through the acquisition and alteration of passed checks.

Fake Checks
The altered checks have been deposited into fake bank accounts that the four men have opened by using counterfeit passports from Ghana, Africa, and Nigeria. Once the checks were cleared, they immediately withdrew the money from the fraudulent accounts to avoid suspicion and detection.

These men have successfully stolen a shocking 1.2 million dollars approximately using ATM withdrawals and purchases. This is a jaw dropping amount of money, stolen by four men through fraud schemes. They have all pleaded guilty to the crime as well as their use of fake passports and forged credentials. Two of the men have already been deported and sent back to Nigeria, but the other half of the gang were left to stay and pay the institutions back the money they have stolen.

Screen Immigrants

If only the government made use of immigrant screening methods, inquiring them with regards as to why they came to the US, crimes such as these would be driven down. Integrity testing conducted by the border and immigration patrols on suspicious figures, as their job training would suggest, would really help deter these kinds of crimes.

Credentials can be forged and documents, stolen. But the true identity of a person can never be changed.That’s a fact that will always stay true. That’s why in just under few minutes techniques such as eyedetect can easily spot a liar.

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