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10/10/2023

Member of counterfeit savings bonds ring convicted

United States Attorney's Office Southern District of Texas

BROWNSVILLE, Texas - A 45-year-old California woman has pleaded guilty to conspiring to make, pass and transfer counterfeit U.S. savings bonds and passing counterfeit savings bonds.

Summer Marie Creech and others conspired to create counterfeit Department of the Treasury Series I savings bonds. They then passed the counterfeit bonds at financial institutions using other people’s identities and split the proceeds. 

As part of her plea, Creech admitted that beginning in or around 2019 she learned how to acquire genuine Series I savings bonds numbers. She then used computer software and printers to forge counterfeit bonds. She then sent the bonds to co-conspirators who would pass them at financial institutions and share the proceeds with her.

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