The FBI reports a Rockford, Illinois man pleaded guilty last week to federal charges of producing over half a million dollars in fictitious money orders in attempts to defraud others.

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The 55-year-old man entered a plea agreement in his federal court case in northern Illinois wherein he admitted that in 2009 he produced nine (9) fictitious money orders in an attempt to defraud others totaling $547,578.47.

money order scams

Did he think nine fake money orders totaling $547,578.47 were likely to go unnoticed?

One such fake money order appeared to be issued under the authority of the U.S. Treasury for $48,780 in an attempt to defraud Regions Bank and the U.S. Treasury, says the FBI.

Other fraudulent money orders purported to be issued under the authority of a Federal Reserve Bank, the Department of the Treasury, or the United States Treasury, and were made payable to Chase Home Finance, Chase National Payment Service, Holcomb State Bank, Regency Worldwide Development, Inc., Harley Davidson Credit, and the Faith Center in Rockford, Ill.

The FBI and U.S. Attorney’s Office stated that such crimes carry a penalty of up to 25 years in prison, up to five years of supervised release following imprisonment, and a maximum fine of either $250,000, or twice the gross gain or gross loss resulting from that offense, whichever is greater. The Court must impose a reasonable sentence under the federal statutes and the advisory United States Sentencing Guidelines, as well as restitution.


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