A massive investigation has resulted in the arrests of eight people accused of running a sophisticated bank fraud scheme that preyed on senior citizens. The operation, dubbed “Operation Teller-to-Telegram,” uncovered a conspiracy spanning multiple states.
Millions Stolen, RICO Charges Filed
Florida Attorney General James Uthmeier announced that the eight individuals are facing serious charges, including RICO violations and criminal use of personal information. The alleged fraud involved a staggering $8.8 million in stolen funds.
Inside the Scheme: Bank Employees and Their Network
Three Maryland bank employees – Barbara Frazee, Camala Shafer, and Antonio Penn – are at the heart of the scheme. They’re accused of selling sensitive customer information, specifically that of elderly account holders, using the encrypted messaging app Telegram.
Their alleged co-conspirators, Okeroghene Akushe, Michael Nevarez, Roshado Durrant, Hassan Phillips, and Kevin Clayton, then used this stolen information – names, birth dates, Social Security numbers, and bank account details – to empty victims’ savings accounts. The stolen money was transferred to accounts opened by the conspirators.
Sheriff Judd’s Statement
Polk County Sheriff Grady Judd described the operation as a “well-organized fraud ring stealing millions from innocent victims.” He emphasized the seriousness of the crime and the determination to pursue all possible felony charges against each suspect. The sheriff highlighted the conspirators’ attempts to use mobile apps and fake accounts to mask their activities.
The Fallout
This case serves as a stark reminder of the importance of protecting personal information and being vigilant against financial scams targeting vulnerable populations.