NORFOLK, Va. – A Norfolk man has pleaded guilty to committing a brazen identity theft scheme, defrauding Navy Federal Credit Union out of hundreds of thousands of dollars.
Taimak Peters, 28, pleaded guilty today to aggravated identity theft and bank fraud, in connection with the scheme, which targeted the Navy Federal Credit Union.
According to court documents, Peters helped devise a scheme to defraud Navy Federal Credit Union out of hundreds of thousands of dollars. From approximately April through July 2018, Peters, along with other co-conspirators, stole the identities of various victims, including their names, social security numbers, and dates of birth.
Using this information, the conspirators established accounts at Navy Federal Credit Union and applied for automobile loans in the victims’ names from information secured from internet websites such as Autotrader. Once these loans were approved, a conspirator would go to a Navy Federal Branch, retrieve the loan check, then take it to a different branch to cash. The conspirators then split the proceeds of the fraudulently obtained check amongst themselves.
Peters admitted in Court to supplying stolen identities in this fashion on at least three such transactions. Peters’ specific action caused Navy Federal Credit Union to lose over $57,000, with the overall conspiracy causing a loss exceeding $300,000.
Peters is the fourth person to plead guilty in this scheme. He is scheduled to be sentenced on January 20 and faces a mandatory minimum penalty of 2 years in prison, and a maximum penalty of 32 years in prison.
Co-conspirators, Raven Dixon, 29, of Norfolk, Ryan Eugene Gregory, 38, of Norfolk, and Thomas Jules Rogers, 33 of Prince George’s County, Maryland, all previously pleaded guilty and were sentenced for their roles in the conspiracy.
Related Federal Cases
- Shawn D. Gover, Child Identity Theft, Virginia 2024 · Maryland
- Karen Holtz, Identity Theft and Financial Fraud, Alexandria VA, 2023 · North Carolina
- William Michael Andrews, VA Grant Theft and ID Fraud, Virginia 2024 · Maryland
- Collin Edwards, Fentanyl Distribution and Aggravated Identity Theft, Maryland 2021 · Arkansas
- Jennifer Rae McDonald, $5.2M EDA Theft, Virginia 2024 · Arkansas
Key Facts
- State: Virginia
- Category: Fraud & Financial Crimes
- Source: DOJ Press Release â†â€â€
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