A brazen scheme to defraud a home improvement retail store has come to an end, with a New York man pleading guilty to his role in the conspiracy.
Telwin Vincent, 32, of Bronx, New York, pleaded guilty by videoconference before U.S. District Court Judge Stanley R. Chesler to an information charging him with one count of conspiring to commit bank fraud and one count of conspiracy to use unauthorized access devices.
According to documents filed in the case and statements made in court, Vincent and his conspirators placed online orders with a home improvement store using stolen credit card information and arranged to pick up those goods in person at various store locations throughout New Jersey and New York.
Vincent directed his conspirators to pick up the goods using dozens of false or stolen identities and then return the goods at different store locations or sell the goods at a discount to third parties for cash.
The bank fraud conspiracy charge to which Vincent pleaded guilty carries a maximum penalty of 30 years in prison, a fine of $1 million or twice the gross gain to him or loss to others, whichever is greatest.
The conspiracy to use unauthorized access devices count carries a maximum sentence of 10 years in prison, a fine of $250,000 or twice the gross gain to him or loss to others, whichever is greatest.
Vincent’s sentencing is scheduled for Dec. 1, 2021. The investigation leading to his guilty plea was credited to postal inspectors of the U.S. Postal Inspection Service, under the direction of Acting Inspector in Charge Rodney M. Hopkins in Newark.
The government is represented by Assistant U.S. Attorney Ray Mateo of the U.S. Attorney’s Office’s Opioid Abuse Prevention and Enforcement Unit in Newark.
Acting U.S. Attorney Rachael A. Honig announced the guilty plea, highlighting the importance of holding individuals accountable for their crimes.
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Key Facts
- State: New Jersey
- Category: Fraud & Financial Crimes|Crime
- Source: DOJ Press Release â†â€â€
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