In a case that highlights the seriousness of financial fraud and identity theft, Jared Wilkes Post, a 26-year-old man from Fairbanks, Alaska, has been sentenced to 78 months in prison and ordered to pay over $100,000 in restitution. Post, along with a co-conspirator, engaged in a years-long scheme to defraud banks and individuals through check kiting and identity theft. The duo targeted vulnerable victims, particularly the elderly, and convinced them to share their bank account information under false pretenses. Once the stolen checks were deposited, Post withdrew the funds, leaving the victims with losses and overdraft fees. U.S. Attorney S. Lane Tucker emphasizes that crimes of this nature against seniors are particularly abhorrent and that aggressive action will be taken to ensure justice is served. The FBI and other law enforcement agencies are collaborating on the investigation, underlining the commitment to holding these criminals accountable. A restitution hearing will be held, and anyone who believes they may be a victim of this scheme is urged to contact the FBI for assistance.
Overview of the case
In a recent case, an Alaska man named Jared Wilkes Post was sentenced for his involvement in a years-long fraud and identity theft scheme. Post, along with a co-conspirator, defrauded banks and individuals of over $100,000 through a sophisticated check kiting and identity theft scheme. The case involved multiple victims and significant monetary losses.
Defendant’s identity and location
The defendant, Jared Wilkes Post, is a 26-year-old resident of Fairbanks, Alaska. He was the main perpetrator of the fraud scheme and played a significant role in orchestrating the fraudulent activities.
Charges against the defendant
Post faced charges of bank fraud and aggravated identity theft. These charges were a result of his involvement in the check kiting and identity theft scheme that defrauded multiple banks and individuals.
Duration of the fraud scheme
The fraud scheme orchestrated by the defendant and his co-conspirator lasted from 2017 to 2021. Over the course of these four years, they were able to carry out numerous fraudulent activities and accumulate substantial monetary gains.
Length of imprisonment
Following his conviction, Jared Wilkes Post was sentenced to 78 months of imprisonment. This significant prison term reflects the serious nature of the crimes committed and serves as a deterrent for others considering similar fraudulent activities.
In addition to the prison sentence, Post was ordered to pay at least $100,000 in restitution. This restitution will compensate the victims for their financial losses and help restore some of the damages caused by the fraud scheme.
Judge’s reasoning for the sentence
Senior U.S. District Judge Ralph R. Beistline handed down the sentence after considering the severity of the crimes committed by the defendant. The judge took into account the substantial monetary losses suffered by the victims and the need to hold Post accountable for his actions.
Impact on the defendant’s future
The sentencing of Jared Wilkes Post will have a significant impact on his future. The lengthy prison term and the financial obligations resulting from the restitution order will undoubtedly influence his life moving forward. Additionally, the conviction will serve as a lasting mark on his criminal record, which may have implications for his personal and professional prospects.
The Fraud Scheme
Description of check kiting
Check kiting is a fraudulent practice that involves taking advantage of the time it takes for a check to clear in the banking system. Perpetrators engage in check kiting by creating an artificial balance between two or more bank accounts, exploiting the time delay in the process to withdraw funds before the checks are flagged as fraudulent.
Identity theft techniques
In this case, the defendant and his co-conspirator utilized identity theft techniques to carry out their fraud scheme. They obtained personal information from their victims, particularly the elderly and other vulnerable individuals, and used that information to access their bank accounts and carry out fraudulent transactions.
Methods of contact with victims
The defendant, Jared Wilkes Post, initiated contact with his victims through social media platforms. He targeted individuals whom he referred to as “Plays” and convinced them to share their bank account information under false pretenses. This allowed him to deposit fraudulent checks into the victims’ accounts and subsequently withdraw or transfer the funds.
Recruitment of ‘Plays’
To facilitate their fraud scheme, the defendant and his co-conspirator recruited individuals they called “Plays.” These Plays were persuaded to provide their bank account information and assist in the transfer and withdrawal of funds. The defendant promised a portion of the deposited check as a reward for their participation.
Victims and Losses
Number of victims
The fraud scheme orchestrated by Jared Wilkes Post and his co-conspirator affected multiple victims. The exact number of victims involved in the case is not specified in the available information.
Types of victims targeted
The defendants targeted a range of victims, with a particular focus on vulnerable individuals such as the elderly. They exploited the vulnerabilities of these individuals and saw them as easy targets for their fraudulent activities.
Total monetary losses
The total monetary losses resulting from the fraud scheme exceed $100,000. The defendants were able to accumulate substantial gains through their fraudulent activities, causing significant financial harm to their victims.
Potential impact on victims
The victims of this fraud scheme faced immediate financial losses and potential long-term consequences. They suffered the emotional distress of falling victim to a scam and may have experienced difficulties in recovering their funds and restoring their financial stability.
Investigation and Arrest
Law enforcement agencies involved
Multiple law enforcement agencies were involved in the investigation of this case. The FBI Anchorage Field Office, Alaska State Troopers, Fairbanks Police Department, Anchorage Police Department, and the Vancouver, Washington, Police Department all played roles in uncovering the fraud scheme and apprehending the defendants.
Collaboration with other offices
The investigation into this fraud scheme required collaboration between different law enforcement offices. The FBI’s Phoenix Field Office also assisted in the investigation, emphasizing the cooperation between agencies across state lines to combat complex cases of fraud and identity theft.
Details of the investigation
The investigation into the fraud scheme involved extensive efforts by law enforcement agencies. They analyzed financial records, conducted interviews with victims and witnesses, tracked social media interactions, and collected evidence to build a strong case against the defendants.
How the defendant was apprehended
Jared Wilkes Post was apprehended by law enforcement authorities following a thorough investigation. The specific details of his arrest are not provided in the available information. However, the collaborative efforts of law enforcement agencies likely played a significant role in locating and apprehending him.
Prosecution and Legal Proceedings
Role of Assistant U.S. Attorney
Assistant U.S. Attorney Ryan D. Tansey played a crucial role in prosecuting the case against Jared Wilkes Post. Tansey, as a representative of the U.S. Attorney’s Office, presented evidence, argued the case before the court, and worked to secure a conviction and appropriate sentencing for the defendant.
Charges filed against the defendant
The defendant, Jared Wilkes Post, faced charges of bank fraud and aggravated identity theft. These charges encompassed his involvement in the sophisticated check kiting and identity theft scheme that defrauded banks and individuals.
Other possible legal consequences
In addition to the charges faced in this case, the defendant may also be subject to other legal consequences. These could include fines, asset forfeiture, and potential civil lawsuits filed by the victims seeking further restitution.
Restitution process for victims
The restitution process in this case will involve a hearing in the District Court. The purpose of this hearing is to determine the final restitution order and ensure that the victims are appropriately compensated for their financial losses. The restitution process takes into account the available funds and assets of the defendant.
Statement from U.S. Attorney
Addressing the seriousness of the crime
U.S. Attorney S. Lane Tucker emphasized the seriousness of the crimes committed by Jared Wilkes Post in his statement. He highlighted that defrauding vulnerable individuals, such as the elderly, is a serious crime that warrants significant consequences.
Condemning exploitation of vulnerable individuals
The statement from U.S. Attorney S. Lane Tucker condemned the exploitation of vulnerable individuals by fraudsters like the defendant. It emphasized the need to protect the elderly and others who may be more susceptible to financial scams and fraud schemes.
Commitment to pursuing justice for elderly victims
U.S. Attorney S. Lane Tucker expressed a clear commitment to pursuing justice for elderly victims who fall victim to financial fraud. The statement highlighted that the U.S. Attorney’s Office will continue to take aggressive action to bring criminals who target older citizens for fraud to justice.
Message to others considering similar fraud schemes
The statement concluded with a strong message to those considering similar fraud schemes. It warned potential criminals that engaging in fraudulent conduct on a significant scale will result in serious consequences, including significant prison sentences and financial obligations.
Law Enforcement’s Perspective
FBI’s involvement in the case
The FBI played a significant role in the investigation of the fraud and identity theft scheme perpetrated by Jared Wilkes Post. The FBI Anchorage Field Office dedicated resources and expertise to uncovering the details of the scheme and gathering evidence for prosecution.
Statement from Special Agent in Charge
Special Agent in Charge Antony Jung of the FBI Anchorage Field Office made a statement regarding the case. His statement emphasized the motivation driven by greed that led the defendant and his co-conspirator to engage in a sophisticated check fraud scheme. It warned potential offenders to reconsider engaging in such conduct and highlighted law enforcement’s commitment to holding accountable those who commit these types of offenses.
Importance of holding offenders accountable
The involvement of law enforcement agencies such as the FBI emphasizes the importance of holding offenders accountable for their criminal actions. The investigation and prosecution of fraud and identity theft cases are crucial in maintaining the integrity of the financial system and protecting potential victims.
Warning to potential fraudsters
The statement from law enforcement, particularly the FBI, serves as a warning to potential fraudsters. It highlights the serious consequences they will face if they choose to engage in fraudulent activities. This warning aims to deter individuals from participating in similar schemes and protect potential victims from falling prey to financial fraud.
Additional Investigations and Support
Other agencies involved in ongoing investigations
In addition to the current case, other law enforcement agencies are involved in ongoing investigations related to fraud and identity theft. The collaboration between these agencies ensures a comprehensive approach to combating financial crimes, protecting potential victims, and ensuring the prosecution of individuals involved in fraudulent activities.
Contact information for potential victims
Potential victims of fraud and identity theft are encouraged to contact the FBI Anchorage Field Office if they believe they may have fallen victim to the scheme orchestrated by Jared Wilkes Post. The contact number provided is 907-276-4441, and victims can seek assistance regarding restitution and other appropriate services.
Restitution hearing and process
A restitution hearing will be held in the District Court to address the financial losses suffered by the victims. This hearing will determine the final restitution order and ensure that the victims are appropriately compensated for their losses. The restitution process takes into account the available funds and assets of the defendant.
National Elder Fraud Hotline
The U.S. Department of Justice has established a National Elder Fraud Hotline to provide support and services to seniors who may be victims of financial fraud. The hotline is staffed by experienced case managers who can offer personalized assistance to callers. Case managers can help victims report suspected fraud to relevant agencies, provide resources and referrals, and assist with filing complaints.
Summary of the case
The case involving Jared Wilkes Post and his involvement in a years-long fraud and identity theft scheme highlights the serious consequences of financial crimes. Post, along with a co-conspirator, defrauded banks and individuals of over $100,000 through a sophisticated check kiting and identity theft scheme.
The impact of the defendant’s sentence
The sentencing of Jared Wilkes Post to 78 months of imprisonment and the order to pay restitution will have a significant impact on him. It serves as a deterrent for potential offenders and seeks to compensate the victims for their financial losses.
Continued efforts to combat financial crimes
This case underscores the continued efforts of law enforcement agencies to combat financial crimes, protect potential victims, and maintain the integrity of the financial system. Investigations and prosecutions of fraud and identity theft cases remain a priority for these agencies.
Support and assistance for victims
Victims of fraud and identity theft can seek support and assistance through various channels, including the National Elder Fraud Hotline and local law enforcement agencies. These resources can provide guidance, resources, and referrals to help victims navigate the restitution process and recover from the impact of financial crimes.