Woman sent to prison in bank fraud scheme
Posted March 11, 2010
Raleigh, N.C. — A Missouri woman was sentenced Tuesday to two years in prison for her role in a bank fraud scheme, authorities said.
Necole Johnson, 30, of St. Louis, also was ordered to pay $719,638 in restitution to BB&T, Wachovia, Bank of America and SunTrust Bank. She pleaded guilty last April to aiding and abetting bank fraud.
Authorities said two brothers from Newark, N.J., and a Raleigh man organized a bank fraud scheme in which they paid college students to allow others to deposit checks in their bank accounts.
More than $1.2 million in fraudulent checks were deposited into various accounts between April 2005 and July 2007, and members of the scheme would use debit cards to withdraw cash from the accounts before the checks were found to be worthless, authorities said.
The investigation found that a significant number of the counterfeit checks were drawn on the accounts of people who were patients at Dunn Physical Therapy in Cary. Johnson was billing manager at Dunn at the office and provided the counterfeit checks, authorities said.
The others involved in the scheme were previously sentenced to prison.