Related Federal Cases
- Donald Hicklin, Bank Fraud and Identity Theft Conspiracy, VA 2023 · Pennsylvania
- Nicole C. Walker, Identity Theft Conspiracy, TN 2019 · Illinois
- Nicole Bogan, Health Care Fraud, Columbus GA, 2013 · Illinois
- Paul D. Allen, Bank Fraud Scheme, MS, 2023 · Washington
- LaShane Hayes, Conspiracy and Wire Fraud, TN 2024 · Alabama
Bank Fraud Conspiracy Rocks Tennessee
Nicole C. Walker, 40, of Clarksville, Tennessee, pleaded guilty to conspiracy to commit bank fraud and aggravated identity theft, announced U.S. Attorney Don Cochran for the Middle District of Tennessee.
Walker was joined in her plea by LaToya Chambers, 42, of Nashville, Tennessee. Chambers, a former teller at NGH Credit Union (now Cornerstone Financial Credit Union), and Walker were indicted on December 19, 2018, after an investigation revealed that Chambers had used her position to obtain personal identifying information of credit union customers.
According to court records, Chambers and Walker admitted that from March 2018 through July 2018, Chambers shared the personal information that she had obtained with Walker, who used the identities to make fraudulent withdrawals from the victims’ credit union accounts without their knowledge.
The scheme resulted in financial losses of over $80,000 for the credit union. Several of the credit union customers were elderly and had accumulated assets. Chambers and Walker divided the proceeds of many of the fraudulent transactions between themselves.
Chambers and Walker each face up to 32 years in prison and up to a $1 million fine when they are sentenced later this year.
The case was investigated by the Federal Bureau of Investigation and prosecuted by Assistant U.S. Attorney Christopher C. Sabis. The investigation was supported by the Elder Justice Initiative, which coordinates activities to combat elder abuse, neglect, and financial exploitation.
This case is a product of the Elder Justice Task Force of the United States Attorney’s Office for the Middle District of Tennessee. For more information about the Elder Justice Task Force and the Elder Justice Initiative, visit https://www.justice.gov/elderjustice/ and https://www.justice.gov/usao-mdtn/elder-justice-task-force.
Key Facts
- State: Tennessee
- Category: Fraud & Financial Crimes
- Source: DOJ Press Release â†â€â€
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