Former Jewelry Store Manager Pleads Guilty to Bank Fraud
Wellington, Florida – In a shocking turn of events, Frank Dunkow, 52, of Wellington, pled guilty to bank fraud involving his repeated sales of jewelry to individuals using counterfeit credit cards in 2010-2011.
According to the court record, Dunkow was the store manager at Littman Jewelers in the Wellington Mall and directed his employees to accept counterfeit credit cards used by individuals on numerous occasions to buy expensive pieces of jewelry. Often, the first credit card presented by the co-conspirators would be declined, leading the buyers to present a second, third, or more credit cards until the charge was processed.
Between June 2010 and March 2011, dozens of such sales were processed by Dunkow and his staff, leading to just under $400,000 in financial losses.
Dunkow pled guilty to Count 5 of the Indictment, which charged him with bank fraud, in violation of Title 18, United States Code, Section 1344(2) (Case No. 17-CR-80192-CR-ROSENBERG). At sentencing, he faces a maximum of 30 years imprisonment and up to $1 million in fines.
The case is being prosecuted by Assistant United States Attorneys Lauren Jorgensen and Alexandra Chase. The investigative efforts of PBSO, USPIS, and USSS were commended by U.S. Attorney Benjamin G. Greenberg.
Dunkow’s guilty plea is a significant blow to those involved in the scheme, and it serves as a warning to others who may be tempted to engage in similar activities. The case highlights the importance of vigilant law enforcement and the need for businesses to take steps to prevent fraud.
Related court documents and information may be found on the website of the District Court for the Southern District of Florida at www.flsd.uscourts.gov or on http://pacer.flsd.uscourts.gov.
Key Facts
- State: Florida
- Category: Fraud & Financial Crimes
- Source: DOJ Press Release â†â€â€
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