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New York Man Convicted of Bank Fraud in New Mexico
A New York man was convicted by a federal jury after 39 minutes of deliberation of a bank fraud charge related to the brutal assault of his father-in-law.
Prosecutors allege the crime was driven by the defendant, Marc Candelaria, 36, of Wantagh, New York, accruing mounting gambling debts at the time.
According to court documents and evidence presented at trial, in the early hours of September 14, 2021, an armed and masked intruder entered Candelaria’s father-in-law’s home and forced him to write a check for $23,000.00 and demanded he leave all other portions of the check blank.
The intruder then severely beat the victim and left him in the closet of his home. Candelaria’s father-in-law did not see the intruder’s face and retained little memory of the incident due to the severity of his injuries.
On September 15, 2021, Wells Fargo bank alerted the victim’s wife to a possibly fraudulent check. The bank advised that a hold had been placed on the check due to what appeared to be two separate handwritings.
The Court ordered that Candelaria remain in detention pending sentencing, which has not been scheduled. At sentencing, Candelaria faces up to 30 years in prison followed by five years of supervised release. There is no parole in the federal system.
This investigation was led by the FBI Albuquerque Field Office.
Key Facts
- State: New Mexico
- Category: Fraud & Financial Crimes
- Source: DOJ Press Release â†â€â€
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