Glen Campbell, Selling Stolen Bonds, Connecticut 2022

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Local Man Sentenced to Prison for Selling Stolen Bonds

A Queens resident has been sentenced to prison for helping to sell U.S. Savings Bonds stolen from an elderly woman.

GLEN CAMPBELL, 41, also known as ‘Nick,’ a citizen of Guyana residing in Queens, New York, was sentenced to 12 months and one day of imprisonment for his role in the scheme.

The elderly woman had purchased the bonds, valued between $50 to $1,000, for her grandchildren and other family members.

According to court documents, Jhanannie Singh, also known as ‘Jasmine’ and ‘Sharmala Persaud,’ stole hundreds of thousands of dollars in U.S. Savings Bonds from the elderly woman. Singh, a citizen of Guyana, provided home health services to the victim before stealing the bonds.

Campbell enlisted the help of another individual to redeem the stolen bonds at a financial institution and provide Singh and Campbell with a portion of the proceeds.

Between October 2020 and January 2021, law enforcement coordinated the purchase of more than 100 savings bonds from Singh and Campbell, with a total value of $287,312.39. Campbell traveled to Connecticut to complete the transactions.

Singh and Campbell were arrested on January 29, 2021. Singh pleaded guilty to conspiracy and was sentenced to 57 months of imprisonment on November 28, 2022.

The investigation was conducted by the Federal Bureau of Investigation and the Drug Enforcement Administration, with the case being prosecuted by Assistant U.S. Attorneys Tara E. Levens, Michael S. McGarry, and Robert S. Ruff.

GLEN CAMPBELL was sentenced on June 15, 2022, in Bridgeport by U.S. District Judge Kari A. Dooley.

The Justice Department has established a National Elder Fraud Hotline to provide services to seniors who may be victims of financial fraud. The Hotline is staffed by experienced case managers who can provide personalized support to callers.

The Hotline’s toll-free number is 833-FRAUD-11 (833-372-8311).