Dezhon McCrae, Bank Fraud, New Jersey 2023

State: New Jersey
Category: Fraud &#038; Financial Crimes
Source: <a href="https://www.justice.gov/usao-nj/pr/former-salem-county-man-admits-role-stolen-check-scheme" style="color:#cc0000;" target="_blank" rel="nofollow noopener">DOJ Press Release ÃƒÂ¢Ã¢â‚¬Â Ã¢â‚¬â€

CAMDEN, N.J. – A former Salem County man has admitted his role in a scheme involving checks stolen from the mail and other sources.

Dezhon McCrae, 25, formerly of Penns Grove, pleaded guilty before U.S. District Judge Karen M. Williams in Camden federal court to a six-count information charging him with two counts of conspiracy to commit bank fraud, possession of a stolen postal key, possession of stolen mail, aggravated identity theft, and conspiracy to commit Hobbs Act robbery.

According to documents filed in this case and statements made in court, McCrae’s role in the scheme resulted in over $10,000 loss to the victim banks. Three other codefendants have already been sentenced in connection with this scheme and three additional codefendants have pleaded guilty and are awaiting sentencing.

In a second scheme to commit bank fraud, McCrae participated in a nearly identical scheme to defraud another bank from May 11, 2022, to July 27, 2022, resulting in a loss of over $14,000 to the victim bank.

McCrae was also charged with possession of a stolen postal mailbox key and stolen mail after a shooting at his residence in Paulk County, Georgia, on Aug. 18, 2023. The investigation uncovered evidence that McCrae had manufactured a fraudulent New Jersey driver’s license in the name of a real person, but using the photograph of a conspirator, and mailed the false ID to his conspirators in Camden in late June 2023.

Mccrae is facing up to 30 years in prison and a fine of up to $1 million for conspiracy to commit bank fraud. He is also facing a maximum penalty of 10 years in prison and up to a $250,000 fine for unlawful possession of a postal key.

According to the U.S. Attorney Philip R. Sellinger, the case is still ongoing and will continue to be prosecuted to the fullest extent of the law. McCrae is currently awaiting sentencing.

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