ROCHESTER, N.Y. — A 26-year-old man pleaded guilty to conspiracy to commit bank fraud related to stolen checks from U.S. Postal Service mailboxes in Rochester.
Prosecutors say between March and September 2023, Sheldon Marquis Adams, 26, worked with others to get hundreds of checks stolen from postal service mailboxes.
Adams and the others he worked with used social media to get people to cash or deposit the checks into their own accounts and withdraw the money before the issuing bank detected fraud, prosecutors say.
If the checks were cashed, prosecutors say they were given to Adams and the others, and in return the people who cashed them got a small payment.
Adams was found with 15 pages of blank check stock paper, and about 335 checks stolen between April and June 2023.
Prosecutors say there were about 227 victims and 36 business victims. They also say there were stolen and altered checks totaling over $516,000.
Adams is set to be sentenced in March. His charges face a maximum penalty of 30 years in prison and a $250,000 fine.
Rochester man pleads guilty related to bank fraud scheme involving stolen checks WHEC.com.
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