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Three NJ men admit conspiring to defraud banks of over $250,000 using credit cards and blank checks stolen from mail

NEWARK, NJ – Three Essex County men admitted conspiring to defraud two banks of $250,000 using stolen credit cards and blank checks, acting U.S. Attorney Rachael A. Honig said.

Alexander Varice, 22, and Dashawn Duncan, 27, both of South Orange, and Nasheed Jackson, 24, of Newark, pleaded guilty this week by videoconference before U.S. District Judge Susan D. Wigenton to information charging each of them with one count of conspiracy to commit bank fraud, 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 in Morris County and Warren in 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.

The charge of conspiracy to commit bank fraud carries a maximum penalty of 30 years in prison and a maximum fine of $1 million. Sentencing is scheduled as follows: Varice, July 13, 2021; Jackson, July 14, 2021; and Duncan, July 19, 2021.

Jay Edwards

Born and raised in Northwest NJ, Jay has a degree in Communications and has had a life-long interest in local radio and various styles of music. Jay has held numerous jobs over the years such as stunt car driver, bartender, voice-over artist, traffic reporter (award winning), NY Yankee maintenance crewmember and peanut farm worker. His hobbies include mountain climbing, snowmobiling, cooking, performing stand-up comedy and he is an avid squirrel watcher. Jay has been a guest on America’s Morning Headquarters,program on The Weather Channel, and was interviewed by Sam Champion.

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