Financial Fraud: Jason McDonald Sentenced For Bank Loans And Retail Store Credit Cards Or Lines Of Credit Fraud

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<h2>New York Man Sentenced in ID Theft&comma; Fraud Investigations<&sol;h2>&NewLine;<p>PROVIDENCE&comma; RI – A third person charged in federal court in Rhode Island in a series of on-going investigations into individuals who are stealing personal identifying information of others and using that information to apply for bank loans and retail store credit cards or lines of credit&comma; has been sentenced to 39 months in federal prison&comma; announced United States Attorney Stephen G&period; Dambruch&comma; Stephen Marks&comma; Special Agent in Charge of the United States Secret Service&comma; Scott E&period; Antolik&comma; Special Agent in Charge of the Boston Field Office of the Social Security Administration&comma; Office of the Inspector General&sol;Office of Investigations&comma; and Delaney Deleon-Colon&comma; Acting Inspector in Charge of the United States Postal Inspection Service&period;<&sol;p>&NewLine;<p>Jason McDonald&comma; 37&comma; of Great Neck&comma; N&period;Y&period;&comma; admitted to using a stolen identity and stolen Social Security number&comma; and a Rhode Island address he had no association with&comma; to open a membership account at a local credit union and then attempt to fraudulently obtain a <a class&equals;"wpil&lowbar;keyword&lowbar;link" href&equals;"https&colon;&sol;&sol;www&period;fraudswatch&period;com&sol;category&sol;loans&sol;" title&equals;"loan" data-wpil-keyword-link&equals;"linked" data-wpil-monitor-id&equals;"289">loan<&sol;a> from the credit union&period; He also admitted to helping another person create a false credit profile using stolen personal identifying information in order for that person to fraudulently obtain a vehicle valued at &dollar;29&comma;825&period;<&sol;p>&NewLine;<p>At sentencing&comma; U&period;S&period; District Court Judge John J&period; McConnell&comma; Jr&comma; also ordered McDonald to serve 4 years supervised release upon completion of his term of incarceration&comma; and to pay restitution totaling &dollar;29&comma;825&period;<&sol;p>&NewLine;<p>McDonald pleaded guilty on March 29&comma; 2018&comma; to conspiracy to commit bank fraud&comma; attempted bank fraud&comma; fraudulent use of a Social Security number and aggravated identity theft&period;<&sol;p>&NewLine;<p>The U&period;S&period; Sentencing Guidelines range of imprisonment in this matter is 39 – 45 months&period; The government recommended the court impose a sentence of 45 months in prison&period;<&sol;p>&NewLine;<p>At the time of his guilty plea&comma; McDonald admitted to the Court that in December 2016&comma; he began obtaining the personal identification of individuals without their knowledge&comma; including Social Security numbers&comma; for the purpose of committing fraud&period; McDonald admitted that with the assistance of others he obtained counterfeit identification cards bearing his photo and displaying the stolen personal identifiable information of others&period;<&sol;p>&NewLine;<p>McDonald admitted that on April 10&comma; 2017&comma; he used a fraudulently obtained identity and a New Jersey driver&&num;8217&semi;s license to gain membership with the Digital Federal Credit Union&period; Five days later&comma; he filed an online loan application for an automobile loan in the amount of &dollar;23&comma;500&period;<&sol;p>&NewLine;<p>McDonald first came to the attention of law enforcement during an unrelated investigation of a Central Falls man&comma; Reynaldo Martinez&comma; 25&comma; for his participation in a scheme to use the stolen identity of numerous individuals to open retail store credit cards and lines of credits&period; Martinez used the credit to purchase tens of thousands of dollars worth of goods&period; Martinez pleaded guilty in November 2017 to four counts of aggravated identity theft&comma; two counts of access fraud&comma; and one count each of bank fraud&comma; conspiracy to commit fraud&comma; attempted access fraud&comma; and interstate transportation of stolen goods&period; He was sentenced in January to 48 months in federal prison&period;<&sol;p>&NewLine;<p>The investigations also led to the arrest and conviction in federal court of Donald Wicklund&comma; 33&comma; of Pawtucket&period; Wicklund pleaded guilty on April 12&comma; 2018&comma; to a 15-count indictment charging him with bank and wire fraud&comma; fraudulent use of a Social Security number&comma; aggravated identity theft and conspiracy&period; He admitted to using stolen personal identifying information of others&comma; including social security numbers fraudulent documents and addresses&comma; to secure funding for the purchase or lease of new vehicles in Rhode Island and Massachusetts&period; The investigation determined that Jason McDonald provided Wicklund with a stolen social Security number and an accompanying bogus credit profile to obtain a new vehicle valued at &dollar;29&comma;825&period;<&sol;p>&NewLine;<p>Wicklund is scheduled to be sentenced on September 13&comma; 2018&period;<&sol;p>&NewLine;<p>The cases are being prosecuted by Assistant U&period;S&period; Attorney William J&period; Ferland&period;<&sol;p>&NewLine;<p>The on-going investigations are being conducted by agents from the U&period;S&period; Secret Service&comma; U&period;S&period; Social Security Office of Inspector General and the U&period;S&period; Postal Inspection Service&period;<&sol;p>&NewLine;<p><a href&equals;"https&colon;&sol;&sol;www&period;justice&period;gov&sol;usao-ri&sol;pr&sol;new-york-man-sentenced-id-theft-fraud-investigations">Original PressReleases&&num;8230&semi;<&sol;a><&sol;p>&NewLine;

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