New York Man Sentenced to 46 Months in Prison For Role in Identity Theft and Bank Fraud Scheme

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The following press release was published by the U.S. Secret Service on Sept. 25, 2018. It is reproduced in full below.

U.S. Attorney Jessie K. Liu, Brian J. Ebert, Special Agent in Charge, Washington Field Office, U.S. Secret Service and Peter R. Rendina, Inspector in Charge of the Washington Division, U.S. Postal Inspection Service, made the announcement. Marsh pled guilty in July 2018, in the U.S. District Court for the District of Columbia, to a charge of conspiracy to commit bank fraud. He was sentenced by the Honorable James E. Boasberg. In addition to the prison term, Marsh was ordered to pay $338,100 in restitution to three banks, as well as a forfeiture money judgment of $50,000. Following his prison term, he will be placed on three years of supervised release. According to the governments evidence, Marsh conspired with others, including a former bank employee, to obtain access to account holders personal identifying information for no legitimate business purpose. He and others then presented counterfeit identification in the names of the account holders and conducted or attempted to conduct fraudulent transactions from their accounts. Fictitious accounts were opened at other financial institutions, and the conspirators wired funds and deposited checks from the compromised bank accounts into these fictitious accounts. In his guilty plea, Marsh accepted responsibility for causing $338,100 in losses to three banks. Marsh

conducted bank transactions at multiple locations in the District of Columbia, California, Florida and New York. In announcing the sentence, U.S. Attorney Liu, Special Agent in Charge Ebert and Inspector in Charge Rendina commended the work of those who investigated the case from the U.S. Secret Service and U.S. Postal Inspection Service. They also expressed appreciation for the efforts of those who worked on the case from the U.S. Attorneys Office, including Assistant U.S. Attorney Zia M. Faruqui, who assisted with forfeiture issues, Paralegal Specialist Joshua Fein, and former Paralegal Specialist Kristy Penny. Finally, they commended the work of Assistant U.S. Attorney Anthony Saler, who investigated and prosecuted the case.

-- District of Columbia

Source: U.S. Secret Service

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