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Md. man sentenced in $600K bank fraud case

Tuesday - 3/5/2013, 11:06am  ET

GREENBELT, Md. -- A Greenbelt man has been sentenced to seven years in prison in a scheme to use stolen credit card convenience checks to defraud Bank of America of more than $600,000.

Twenty-three-year-old Bolarinwa Adeyale was sentenced Monday after being convicted Feb. 27 of bank fraud and other offenses.

According to government evidence presented at trial, Adeyale and others deposited stolen checks into legitimate Bank of America accounts and then withdrew the money before the bank learned that the checks were not authorized.

Prosecutors say Adeyale recruited college students to allow use of their accounts in the scheme.


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