This alert may not be shared outside your organization, Do Not Repost or send, place on other websites, List servers, or send to others via email, including other associations or parties. Members and Law enforcement use only. Contact us for any permissions. To do otherwise will result in the loss of membership.
Complete Story
03/10/2024
Quincy man pleads guilty to $1 million bank fraud scheme involving counterfeit checks
The Patriot Ledger
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.
Alerts
The FRPA alert system distinguishes us from other groups by gathering and providing information to law enforcement, retailers AND financial institutions.
more information
Resources
Your electronic library to help in fighting financial fraud for all of our partners.
more information