Amy D Siniscarco, Bank Fraud, Washington 2025

A Seattle woman has been sentenced to 5 years in prison for her role in a brazen bank fraud scheme.

Amy D Siniscarco, 42, was found guilty of conspiring to commit bank fraud and making false statements to a financial institution. The scheme, which occurred between 2018 and 2020, involved falsifying loan applications and using the proceeds for personal gain.

According to court records, Siniscarco and her co-conspirators submitted false loan applications to several banks, including Bank of America and Wells Fargo. They used the proceeds to purchase luxury items, including a mansion in the upscale neighborhood of Queen Anne.

The scheme was uncovered by federal authorities in 2020, who launched an investigation into a series of suspicious loan applications.

Siniscarco was arrested in 2022 and charged with conspiring to commit bank fraud and making false statements to a financial institution. She pleaded guilty in 2025 and was sentenced to 5 years in prison.

Her co-conspirators, including a former bank employee, have also been charged in connection with the scheme.

The case serves as a reminder of the ongoing threat of bank fraud and the importance of vigilance in preventing such crimes.

As the lead investigator on the case, U.S. Attorney Nancy Tenney said, “Bank fraud is a serious crime that can have devastating consequences for individuals and communities. We will continue to investigate and prosecute such crimes to the fullest extent of the law.”

Siniscarco’s attorney, Jehiel Isaac Baer, could not be reached for comment.

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