SAN DIEGO — More than 30 people pleaded not guilty Thursday to conspiracy and other charges stemming from what authorities said was a bank fraud scheme in which gang members bilked a San Diego credit union out of $500,000.”Operation Bank Gig” marks the first time a violent street gang has been targeted for its involvement in complex bank fraud in California, authorities said.After a 10-month investigation, 60 defendants were indicted and charged collectively with 347 felony counts, including conspiracy, grand theft, money laundering, forgery and burglary.Authorities arrested 40 people in a sweep and were looking for the outstanding suspects, prosecutors said.More than a dozen of those arrested are members of San Diego’s Lincoln Park gang, and a few of the defendants are serving members of the armed forces.On Thursday, defense attorneys arraigned their clients and Judge Roger Krauel scheduled bail review hearings and status conferences for next week and beyond.Authorities said gang members recruited acquaintances who had existing accounts at Navy Federal Credit Union and offered them a portion of the ill-gotten gains.The recruiters obtained the bank card and personal identification number from the account holder, deposited counterfeit checks into the account, then withdrew the cash before the credit union determined the checks were bogus.The account holder was then instructed to report the card stolen when approached by credit union investigators. Most of the transactions took place at the Barona Casino because ATMs there allow for larger withdrawals, authorities said.The ringleaders of the scam could face up to 17 years in prison if convicted, said Deputy District Attorney Joan Stein.
THE SAD PART ABOUT THIS IS I GREW UP WITH MOST OF THESE CATS
KEEP YA HEADS UP.
CHECK OUT THE VID
Leave a comment
No comments yet.