Roy Wayne Jenkins, Bank Fraud, Kentucky 2018

Bank Fraud Scheme Lands Louisville Man 21 Months in Prison

A Louisville man was sentenced to 21 months in federal prison and ordered to pay restitution in the amount of $285,336.93 for defrauding an elderly victim out of hundreds of thousands of dollars in a bank fraud scheme.

Roy ‘Wayne’ Jenkins, 66, was found to have converted at least $285,336.93 of the victim’s property to his personal use through fraudulent bank transactions between August 2013 and January 2018.

Jenkins gained access to the elderly victim’s property and bank accounts under the pretense of helping her son, who held Power of Attorney, manage her financial affairs when she was no longer able to do so.

The fraudulent transactions Jenkins engaged in during the scheme included making an unauthorized withdrawal of life insurance proceeds to which he was not entitled, forging checks to steal funds from the victim’s accounts and from a trust established for her benefit and making unauthorized online payments from the victim’s accounts to his personal credit card account.

U.S. Attorney Michael A. Bennett commended the work of LMPD and the United States Secret Service during the investigation and prosecution of this case, stating, ‘Fraudsters who concoct schemes to target the hard-earned savings of our seniors take note. Along with our federal, state, and local law enforcement partners we will work tirelessly in pursuit of identifying, apprehending, and fully prosecuting you.’

The Louisville Metro Police Department and the United States Secret Service investigated the case. Assistant U.S. Attorney Corinne E. Keel prosecuted the case.

This case was investigated and prosecuted as part of the National Elder Justice Task Force and the Kentucky Elder Justice Task Force.

The defendant, Roy Wayne Jenkins, was sentenced to 21 months in federal prison and ordered to pay restitution in the amount of $285,336.93.

Mandatory facts: Defendant/respondent name – Roy Wayne Jenkins, exact criminal charges – bank fraud, city and state – Louisville, Kentucky, exact date – not specified, sentence – 21 months in federal prison, dollar amounts – $285,336.93.