Cedar Rapids, IA – A chilling tale of identity theft and financial fraud has gripped the small town as 28-year-old Terry L. Gantt faces a mountain of charges. The grim details were laid out in an Indictment unsealed today in United States District Court in Cedar Rapids.
According to the charges, between October 2012 and February 2013, Gantt, a resident of Cedar Rapids, Iowa, swindled unsuspecting victims by using their personal information to apply for credit cards without their knowledge or consent. This brazen act has landed Gantt in hot water with federal authorities.
If convicted on all counts, the young man could be facing up to 22 years behind bars—a fate that seems inevitable given the severity of the charges. Alongside this, Gantt is staring down a potential fine of $500,000 and a term of supervised release following his anticipated conviction.
Today, Gantt made an appearance in federal court in Cedar Rapids, where he was granted bail. His trial is scheduled to commence on February 17th, marking the beginning of what promises to be a two-week-long battle for justice.
The case against Gantt has been brought to light by Assistant United States Attorney Jacob Schunk, who has been instrumental in the prosecution. The investigation was spearheaded by the United States Postal Inspection Service and the Cedar Rapids Police Department, signaling an all-out effort to bring this criminal to justice.
As is standard procedure in any criminal proceeding, Gantt is considered innocent until proven guilty. Court file information for this case can be accessed at https://ecf.iand.uscourts.gov/cgi-bin/login.pl, with the case file number listed as 1:14-cr-00142.
Related Federal Cases
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- Cedar Rapids Drug Felon Gregory Givens Sentenced to 22 Years · Illinois
- Cedar Rapids Felon Andre Kase Jr. Gets Near 6-Year Sentence for Gun Possession · Iowa
- Cedar Rapids Man Sentenced for False Statement to Postal Inspector · Iowa
Key Facts
- State: Iowa
- Agency: DOJ USAO
- Category: Fraud & Financial Crimes
- Source: Official Source ↗
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