Man sentenced to two years in prison for role in conspiracy to defraud banks of $250K using credit cards and stolen checks
NEW JERSEY – An Essex County man was sentenced Thursday to 24 months in prison for his role in conspiring to defraud two banks of $250,000 using stolen credit cards and blank checks, according to acting U.S. Attorney Rachael Honig.
Nasheed Jackson, 24, of Newark, and Alexander Varice, 22, and Dashawn Duncan, 27, both of South Orange previously pleaded guilty by videoconference before U.S. District Judge Susan D. Wigenton to one count of conspiracy to commit bank fraud, Honig said
Judge Wigenton imposed Jackson’s sentence Thursday in Newark federal court. Duncan is scheduled to be sentenced on July 27, and Varice is scheduled to be sentenced on Sept. 7, Honig said,
According to documents filed in this case and statements made in court, from August 2018 through January 2020, Varice, Jackson, and Duncan engaged in a scheme to use stolen credit cards or checks to fraudulently make purchases and withdraw money from two banks. The credit cards were stolen from facilities used by the U.S. Postal Service in Pine Brook, Morris County and Warren, Somerset County and never reached the intended cardholders.
After obtaining the stolen cards, Varice, Jackson, and Duncan used them to make unauthorized purchases at various retail stores and to withdraw cash from automated teller machines (ATMs) in New Jersey and elsewhere. The blank checks were also stolen from various New Jersey-based post office facilities, and never reached their intended recipients. Varice and Jackson altered the date, payee, and amount of the stolen checks prior to deposit into a third-party account so that they could manually enter the amounts that they wanted to fraudulently withdraw from a victim bank ATM, according to documents filed in this case and statements made in court.
In addition to the prison term, Judge Wigenton sentence Jackson to five years of supervised release, Honig said.
