MINNEAPOLIS – In a stunning turn of events, Peter Amondo Anderson, a/k/a ‘Nacho,’ 24, has entered a guilty plea in U.S. District Court for one count of Conspiracy to Commit Bank Fraud and one count of Aggravated Identity Theft. This development comes as the second defendant to face charges in a vast fraud scheme orchestrated by the notorious Lows gang, a violent Minneapolis-based outfit.
Acting U.S. Attorney Joseph H. Thompson vowed, “The murderous Lows gang has ravaged the North Side with its violence while using fraud to fuel its crimes. No more.” Thompson emphasized the government’s commitment to dismantling such violent street gangs by utilizing all federal tools at their disposal.
The indicted scheme, spanning over four years from April 2019 to January 2024, involved creating and depositing fraudulent checks into money mules’ accounts, followed by the swift withdrawal of funds. Anderson, along with his co-conspirators, targeted individuals with bank accounts and stole their personal banking information to execute this elaborate fraud.
In a chilling detail, Anderson and his gang members stole the banking information of a 65-year-old victim in North Carolina, using it to siphon off approximately $39,000. Altogether, they managed to deposit at least 28 fraudulent checks and attempt to withdraw nearly $220,000.
Anderson’s plea comes on the heels of his co-defendant, Faysal Mohamed, a/k/a ‘G Money,’ who also entered a guilty plea earlier this year. Both defendants await sentencing hearings set for a later date.
The Lows gang faces an additional RICO indictment with 14 members charged with crimes including racketeering conspiracy involving murder and attempted murder. Special Agent in Charge Alvin M. Winston Sr. of the FBI Minneapolis vowed, “The FBI and our partners will continue to seek out and stop all gang-related fraud, violence, and crime that threatens our streets.” This case is a result of an intensive investigation by multiple law enforcement agencies.
This case is a testament to the government’s unwavering pursuit of justice against organized crime, ensuring the safety and financial security of communities across the nation.
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Key Facts
- State: Minnesota
- Agency: DOJ USAO
- Category: Drug Trafficking|Fraud & Financial Crimes|Violent Crime|Organized Crime
- Source: Official Source ↗
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