Virginia man accused of obtaining loan from local credit union using stolen identity – news – telegram.com
WORCESTER – A man from Virginia has been charged in a federal court in Worcester with using a stolen identity to make a bogus loan application to a local credit union.
Rashad Al-Terek Walker, 39, of Hampton, Va., Has been charged with misrepresenting loan application and aggravated identity theft for applying for a $ 16,500 loan from a co-op Worcester Area Credit Facility in November. At the time, Walker was on probation following a conviction in the Eastern District of Virginia for conspiring to commit bank fraud. He was taken into custody following an initial court appearance by videoconference.
The charge of providing false information on a loan application carries a sentence of up to 30 years in prison, three years on probation and a fine of $ 1 million. The charge of aggravated identity theft carries a mandatory sentence of two years in prison to be served consecutively with any other sentence imposed and one year of supervised release.