SEFCU Fraud: Albany Man Sentenced to 15 Months for Identity Theft and Loan Scams!
Davon Parson, a 20-year-old from Albany, has been sentenced to 15 months in federal prison for his involvement in a bank fraud conspiracy targeting SEFCU, a credit union in the region. In addition to the prison term, Parson will face two years of post-release supervision.
United States Attorney Carla B. Freedman and Matthew Scarpino, Special Agent in Charge of the Buffalo Field Office of Homeland Security Investigations (HSI), shared the sentencing details.
Parson had earlier pleaded guilty to bank fraud conspiracy and aggravated identity theft. He confessed to being part of a scheme to defraud SEFCU by using stolen identities to apply for loans and withdraw cash.
Parson admitted to using a fake driver’s license to apply for a $25,000 loan in someone else’s name. He also acknowledged cashing and attempting to cash fraudulent checks drawn from real customers’ accounts.
The indictment also charged Evan Cutler from Queensbury, New York, Dnauticah Taylor-Sterman, and Allahson Allah, formerly known as Gwyn Cancer, both from Albany, for their roles in the conspiracy.
Court documents reveal that the group obtained customer account information from Caeshara Cannon, a 33-year-old from Albany and a former Member Service Manager at SEFCU.
They used this information to create counterfeit checks and fraudulently secure loans from SEFCU, which were then cashed at SEFCU branches in the Northern District of New York.