Guilty Plea In $260,000 Wells Fargo Bank Fraud Scheme
RICHMOND, Va. — An Atlanta man has admitted his role in a fraud ring that stole more than $260,000 from Wells Fargo bank customers in Virginia and South Carolina.
Federal prosecutors say 32-year-old Jacquis Depree Nelson pleaded guilty Monday to conspiracy to commit bank fraud and aggravated identity theft.
According to a statement of facts filed along with his plea agreement, Nelson used stolen personal information to obtain fake IDs in the names of Wells Fargo account holders. Nelson and his co-conspirators withdrew money from Wells Fargo customers’ accounts and split the proceeds.
Co-conspirator Anthony Romey Carter of Elk Grove, Calif., was sentenced last year to more than five years in prison.
Nelson faces up to 32 years in prison. Sentencing is scheduled for May 1 in federal court in Richmond.
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