Upper Marlboro Man Sentenced in Bank Fraud Scheme

An Upper Marlboro man was sentenced to two years in prison for his part in a plot to defraud Bank of America.

According to a press release, Adeniyi Adebiyi and others deposited stolen credit card convenience checks and withdrew the money before the bank learned that the checks were not authorized.

For his involvement in the scheme, Adebiyi, 28, must also pay a restitution of $148,000, according to the press release.

In the fall of 2007, Adebiyi, Okechukwo Otuya, Oluwadamilola Feyisetan, and Alexander Diya stole several convenience checks from homeowners’ mailboxes in Montgomery, Howard and Prince George’s counties.

They recruited college students to permit the use of students’ bank accounts to deposit the convenience checks. Then, the men made cash withdrawals from the accounts after the checks had cleared.

All told, the men compromised 50 Bank of America accounts for a total of $1.42 million. Bank of America lost $546,240, a press release said.