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Press Release

New Jersey Man Charged With Bank Fraud

For Immediate Release
U.S. Attorney's Office, Eastern District of Pennsylvania

Ron Credle, 48, of East Orange, New Jersey, was charged today by Information with one count of bank fraud and one count of aggravated identity theft, announced United States Attorney Zane David Memeger.

Credle faces a maximum sentence of 32 years imprisonment and a mandatory minimum of at least two years in prison. He also faces a $1.25 million fine and a $200 special assessment.

The case was investigated by the United States Secret Service and is being prosecuted by Assistant United States Attorney Michael S. Lowe.

Click here to view the indictment

UNITED STATES ATTORNEY'S OFFICE, EASTERN DISTRICTof PENNSYLVANIA
Suite 1250, 615 Chestnut Street, Philadelphia, PA 19106
PATTY HARTMAN, Media Contact, 215-861-8525

Updated December 15, 2014