Jessenia Gonzalez, 27 Maria Victoria Ortiz, 30 Reinaldo Roman, 41 Juan Mercado, 40 Henry Fernandez, 25 Raymond Goita, 29 David Jenkins, 25 Maria Torres, 51. The defendants below each allegedly opened checking accounts at TD Bank, deposited fraudulent checks into those accounts and later withdrew money via cash advance from those accounts in Atlantic City casinos:

Fuentes has allegedly been identified in $136,650 of fraudulent bank deposits. Fuentes allegedly made fraudulent deposits in 26 out of the 45 bank accounts involved and was identified as the person who recruited and directed several of the co-defendants in this scheme. The Division of Criminal Justice is alleging that Axel Fuentes, 53, of Bronx, N.Y., was a ringleader of the scam. “We will continue to investigate and prosecute financial crimes, whether they are perpetrated by one individual or 50.” “The defendants in this case conceived of and carried out a massive fraud, stealing hundreds of thousands of dollars during a year-long spree,” said Division of Criminal Justice Director Elie Honig. “We know that financial criminals will seek to exploit any perceived weakness in safeguards to steal, and because of that we will continue our focus on these types of scams to ensure the financial security of our casinos and banks remains solid.” “These alleged crimes were highly-organized in their exploitation of a policy designed to make bank customers’ funds available quickly for their use,” said Acting Attorney General Hoffman. The fraudulent cash advance withdrawals were completed at the Borgata, Revel, Trump Taj Mahal, Showboat, Caesars and Bally’s. As TD Bank has a policy of granting same day availability on checks deposited, the phony funds were available for withdrawal the next day when the suspects allegedly withdrew the funds from their account via Global Cash Access transactions in Atlantic City casinos. Within a day of the account opening, fraudulent checks ranging between $4,800 and $5,400 were allegedly deposited into the new account. The Division of Criminal Justice obtained the indictment on January 28 from the Atlantic County grand jury, which charged each of the 46 defendants, all residents of New York City, with second-degree conspiracy, second-degree theft and second-degree money laundering.Īccording to the indictment, from May 2012 to April 2013 the suspects opened up TD Bank checking accounts with initial deposits ranging from $50 to $250.

Td bank online banking casino