Bank fraud suspect Evan Cutler, 25, faces serious time for his role in a scheme that netted over $113,800 in cash withdrawals.
Cutler, a resident of Queensbury, New York, pleaded guilty to conspiring to commit bank fraud and aggravated identity theft in a plea deal before United States District Judge Anne M. Nardacci, according to sources.
Between February and October 2022, Cutler allegedly organized a conspiracy to defraud SEFCU by applying for loans using stolen identities of other people. He and other members of the conspiracy withdrew the loaned money in cash, with the proceeds going to co-conspirator Allahson Allah.
Cutler also admitted that the group obtained customer account information from Caeshara Cannon, a former Member Service Manager at SEFCU, and used it to create counterfeit checks. These checks were presented for negotiation at SEFCU branches in the Northern District of New York.
The scheme, which involved fake New York driver licenses with the photographs of other people, was uncovered by Homeland Security Investigations (HSI) with assistance from the Bethlehem Police Department.
Cutler is the last defendant in the conspiracy to plead guilty. Cannon has also pleaded guilty. At sentencing on November 19, 2024, Cutler faces up to 32 years in prison, a fine of up to $1.25 million, and a supervised release term of up to 5 years.
Assistant United States Attorney Benjamin S. Clark is prosecuting the case. The investigation was led by HSI with assistance from the Bethlehem Police Department.
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Key Facts
- State: New York
- Category: Fraud & Financial Crimes
- Source: DOJ Press Release â†â€â€
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