Alpharetta, Johns Creek Men Sentenced in Bank Fraud
An Atlanta man obtained account information and impersonated account holders, passing information along for other defendants to use to take money out of bank accounts.
Five defendants – including one from Alpharetta and another from Johns Creek – were sentenced today and last Thursday for using fake driver’s licenses to withdraw almost $1.5 million from victims’ bank accounts. The defendants were convicted of conspiracy, bank fraud, and aggravated identity theft after pleading guilty. Court documents and U.S. Attorney Sally Quillian Yates revealed that from February 2010 through August 2011, Gafar O. Kosoko Balogun ran an identity theft scheme in Atlanta that targeted various banks, including Bank of America, Wells Fargo, SunTrust, and BB&T. He obtained individuals' financial account information, credit reports, business information and tax identification numbers. Balogun would then call the bank and …
