A Nevada man has been sentenced to jail for defrauding the federal government of tens of millions of {dollars} by stealing US Treasury checks and the identities of their rightful recipients.
America Lawyer’s Workplace for the District of Utah says 41-year-old Kyle Eugene Duncan-Carle has been sentenced to 72 months in jail after he admitted to committing financial institution fraud.
Authorities say that between January and September 2023, Duncan-Carle stole US Treasury checks that have been already made out to folks or firms and stole their identities to open credit score union accounts beneath their names. He subsequently deposited the checks to have the ability to withdraw the funds, in accordance with prosecutors.
All in all, Duncan-Carle admitted to stealing no less than eight Treasury checks totaling $7.97 million.
Ultimately, authorities say the victims, which embrace the US authorities, monetary establishments and an insurance coverage supplier, sustained $3.49 million in losses.
Duncan-Carle’s sentence additionally contains 5 years of supervised launch after his six-year stint behind bars and an order to pay restitution to his victims.
He was reportedly arrested in Lyon County, Nevada, final yr and charged with financial institution fraud, aggravated identification theft and receipt of stolen authorities property.
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