Davon Parson, a 20-year-old Albany resident, has been sentenced to 15 months in prison for his role in a bank fraud conspiracy targeting SEFCU.
Parson’s Scheme:
Parson admitted to being a member of a conspiracy to defraud SEFCU by applying for loans using stolen identities of real people and withdrawing the money in cash. He also admitted to cashing and attempting to cash fraudulent checks drawn on real customers’ accounts.
According to court records, Parson applied for a $25,000 loan in another person’s name using a fake driver’s license.
The conspiracy, which targeted SEFCU, involved several individuals, including Evan Cutler, Dnauticah Taylor-Sterman, and Allahson Allah, who were all charged by indictment.
Caeshara Cannon, a former Member Service Manager at SEFCU, was also involved in the conspiracy and has already pleaded guilty to conspiracy to commit bank fraud and aggravated identity theft.
Parson was ordered to pay $9,000 restitution to SEFCU and will serve two years of post-release supervision after his prison sentence.
HSI and the Bethlehem Police Department investigated the case, with Assistant United States Attorney Benjamin S. Clark prosecuting the case.
Related Federal Cases
- Sark Wire Corporation, PPP Fraud, Albany NY, 2023 · New York
- Sark Wire Corporation, PPP Loan Fraud, Albany NY, 2020 · New York
- OCC Officials Criticized for Ineffectual Bank Fraud Prevention, Was… · New York
- Mark Thompson, Wire Fraud and Conspiracy, New York NY, 2023 · New York
- Michael Thompson, Bank Fraud, Washington, 2023 · Washington
Key Facts
- State: New York
- Category: Fraud & Financial Crimes|White Collar Crime
- Source: DOJ Press Release â†â€â€
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