Man Sentenced For Bank Fraud Conspiracy

(Providence, RI)--A New York City man is being sentenced in a Rhode Island-based bank fraud conspiracy.The U.S. Justice Department says Angel Morales was sentenced earlier this week to three years in prison after pleading guilty to charges in September.The DOJ says Morales previously admitted to using stolen personal ID information to open bank accounts as part of a scheme to get fraudulent car loans, then deposited funds from the loans into bank accounts and withdrew the money quickly before the banks discovered the activity.


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