BOSTON – A Quincy man pleaded guilty in federal court in Boston to a million-dollar bank fraud scheme in which he deposited hundreds of counterfeit checks, the U.S. attorney's office said.
Hui Zhang, 41, pleaded guilty March 1 to one count of bank fraud, prosecutors said. Zhang was arrested and charged in September 2023.
From about June 2020 through at least May 2022, Zhang opened bank accounts under false identities into which he electronically deposited about 114 counterfeit checks totaling more than $1 million, prosecutors said.