PROVIDENCE – The grimy hall of justice was once again marred by the conviction of JJaymark Larios, 23, from Bronx, NY, who has been sentenced to serve a staggering 24 months in federal prison for his pivotal role in a multi-state bank fraud conspiracy. This brazen scheme left 28 individuals and 20 businesses reeling from financial losses, totaling approximately $93,200.
United States Attorney Sara Miron Bloom announced Larios’s sentence on Tuesday, a stark reminder of the relentless pursuit of justice by federal authorities. The defendant, along with another member, Paul Keenan, 54, who was sentenced to 24 months in prison earlier this year, pleaded guilty to conspiracy to commit bank fraud.
According to court documents, Larios and his conspirators traveled across multiple states in 2023 and early 2024. Their mission? To dupe unsuspecting individuals and businesses by obtaining their personal identifying information and business details, which were then exploited to create fraudulent IDs and checks. The band of fraudsters even hit banks in Rhode Island, Massachusetts, New Hampshire, Vermont, Pennsylvania, New Jersey, Ohio, Maryland, West Virginia, and beyond.
Their goal was ambitious: to defraud banks out of a total of approximately $143,000. While they were ultimately successful in swindling 22 banks of $93,200, the sentence handed down by U.S. District Court Chief Judge John J. McConnell, Jr., is a clear message that such crimes will not be tolerated.
Assistant United States Attorney Christine Lowell prosecuted this case with determination, while Homeland Security Investigations and the East Providence Police Department, along with assistance from the Portsmouth Police Department, conducted the investigation that led to these convictions. Larios’s sentence serves as a stark warning to those who would dare to prey upon innocent victims through organized criminal activity.
For those seeking accountability in the world of financial fraud, the conviction and sentencing of JJaymark Larios are a victory. It is a somber reminder that justice will be served for those who abuse the trust of hardworking Americans.
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Key Facts
- State: Rhode Island
- Agency: DOJ USAO
- Category: Fraud & Financial Crimes|Organized Crime
- Source: Official Source ↗
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