Nashville, Tenn. – A local businessman has been charged with a string of bank fraud and identity theft crimes.
Eric Stephen Peterson, 52, of Nashville, Tennessee, was indicted by a federal grand jury on August 20, 2014, in connection with a scheme to defraud several banks by depositing checks with forged signatures into various accounts controlled by Peterson.
Peterson is the owner and operator of Peterson Insurance Company, LLC and Peterson Enterprises, LLC.
The indictment charges Peterson with 28 counts of bank fraud and two counts of aggravated identity theft.
“The U.S. Attorney’s Office takes a very serious and aggressive approach when working with our law enforcement partners to pursue those who commit financial crimes and so greatly impact the lives of those they steal from,” said U.S. Attorney David Rivera.
The indictment alleges that Peterson, while managing the financial affairs of another person, obtained access to that person’s investment and bank accounts and then abused his position by forging more than 200 checks totaling more than $800,000.
Peterson is alleged to have deposited those checks into seven different bank accounts which he controlled and then used the money to pay purported project principal and/or distributions to investors which he had previously solicited to make investments in certain ostensible business or investment opportunities.
If convicted, Peterson faces up to 30 years in prison for the bank fraud counts, as well as an additional two years for each count of aggravated identity theft.
Related Federal Cases
- Nicole C. Walker, Conspiracy to Commit Bank Fraud and Aggravated Identity Theft, Tennessee 2019 · Kansas
- Rancu Ionut, Bank Fraud and Aggravated Identity Theft, Tennessee 2019 · Tennessee
- Kristen Morrison, Wire Fraud and Aggravated Identity Theft, Tennessee 2016 · Tennessee
- LaShawn Clinton, Conspiracy to Commit Bank Fraud and Aggravated Identity Theft, Virginia 2024 · North Carolina
- AbdulNasar Nour, Wire Fraud and Aggravated Identity Theft, Tennessee 2019 · Tennessee
Key Facts
- State: Tennessee
- Category: Fraud & Financial Crimes
- Source: DOJ Press Release â†â€â€
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