Qshaun Brown-Guinyard, Bank Fraud Conspiracy, New Jersey 2021

An Essex County man has admitted to conspiring to defraud two banks of over $250,000 using stolen credit cards and blank checks.

Newark resident Qshaun Brown-Guinyard, 27, pleaded guilty to an information charging him with one count of conspiracy to commit bank fraud. The charge carries a maximum penalty of 30 years in prison and a maximum fine of $1,000,000.

According to documents filed in the case and statements made in court, Brown-Guinyard and his conspirators engaged in a scheme to use stolen credit cards and checks to fraudulently make purchases and withdraw money from two banks between August 2018 and January 2020.

The credit cards were stolen from facilities used by the U.S. Postal Service in Pine Brook and Warren, New Jersey. The blank checks were also stolen from various New Jersey-based post office facilities and never reached their intended recipients.

Once obtained, Brown-Guinyard and his conspirators altered the date, payee, and amount of the stolen checks prior to deposit. They then fraudulently withdrew money at various ATMs from the third-party account holders' accounts.

Four of Brown-Guinyard's conspirators - Nasheed Jackson, Alexander Varice, Dashawn Duncan, and Allen Varice - have already pleaded guilty to identical informations and are due to be sentenced in July and August 2021.

Brown-Guinyard is scheduled to be sentenced on September 15, 2021.

Source: https://www.justice.gov/usao-nj/pr/essex-county-man-admits-conspiring-defraud-banks-over-250000-using-credit-cards-snd-blank