A 39-year-old man is facing a long list of federal charges stemming from alleged bank fraud crime against Barclays Bank and Chase Bank in Maryland. If convicted of all charges, the man could essentially spend the rest of his life behind bars.
The charges stem from alleged activities that took place between 2002 and 2013. According to authorities, the man allegedly used different identities, one of which was a child, to obtain lines of credit. He then used the lines of credit but defaulted on the balances. In one case, the man allegedly filed a suit against a creditor in the attempt not to pay the balance owed.
Authorities also claim that the man obtained a new social security number, claiming that he was a victim of identity theft. He then used that new social security number to obtain additional fraudulent lines of credit. The man has been charged with one count each of Social Security fraud and wire fraud, two counts of bank fraud and three counts of aggravated identity theft. The man could receive 30 years in prison for each count of bank fraud, 20 years in prison for each count of wire fraud and a maximum of five years in prison for social security fraud.
It is obvious that the man is facing a serious situation and a vigorous defense is necessary. It would be in the man’s best interests to seek the guidance of an experienced legal professional to create a criminal defense. Anyone who is facing charges as serious as these needs to craft as strong a defense as possible so that they can present themselves in as best a light as possible when their day in court arrives.
Source: The News Journal, “Maryland man faces multiple federal bank fraud charges” Terri Sanginiti, Jan. 29, 2014