A Humble woman has been convicted of engaging in a conspiracy to commit bank, mail and wire fraud, announced U.S. Attorney Kenneth Magidson.
Cheryl Reed Johnson, 37, of Humble, pleaded guilty to using various Social Security numbers not assigned to her by the Commissioner of Social Security to obtain loans from banks and other lending institutions.
From approximately January 2005 through February 2014, Johnson used the stolen Social Security numbers to purchase houses and vehicles. She faces up to 30 years in prison for the conspiracy to commit bank, mail and wire fraud as well as the false statements conviction.
In a second scheme, Johnson and others claimed more than $2.2 million in false first-time home buyer credits on 2008 returns they filed with the IRS. The fraudulent claims resulted in Johnson and her co-conspirators claiming more than $2.3 million in fraudulent refunds.
Johnson will be sentenced in both cases by U.S. District Judge Gray Miller on August 7, 2015. She also faces a possible $1 million fine for the conspiracy to commit bank, mail and wire fraud, as well as a possible maximum term of 20 years imprisonment and a possible $250,000 fine for wire fraud.
The cases are the result of investigations conducted by the U.S. Postal Inspection Service and IRS – Criminal Investigation. Assistant U.S. Attorney Melissa Annis is prosecuting the cases.
Johnson will remain in custody pending her sentencing hearing.
Related Federal Cases
- Michael Scott Calhoun, Wire/Mail Fraud, OK, 2023 · Texas
- Shannon Tecoko Mays, Conspiracy to Commit Wire Fraud, Texas, 2012 · Texas
- Stuart C. Cole, Mail Fraud, Extortion, Money Laundering, St Pete Be… · Georgia
- Albert Davis, Wire Fraud, Kansas City, MO, 2023 · Missouri
- Nancy Marie Stein Sentenced for Bank Fraud and Environmental Crime,… · South Carolina
Key Facts
- State: Texas
- Category: Fraud & Financial Crimes
- Source: DOJ Press Release â†â€â€
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