Georgia Woman Sentenced to Federal Prison for Bank Fraud Scam
Montgomery, Alabama - Shirene Wallace, age 42, of Ellenwood, Georgia, was sentenced on April 20, 2011, to 36 months in federal prison for engaging in an identity theft and bank fraud scheme which was operated in Georgia, Alabama, North Carolina and South Carolina, U.S. Attorney Leura G. Canary announced today. Chief United States District Judge Mark E. Fuller also sentenced Wallace to 5 years supervised release and ordered her to pay restitution in the amount of $73,626.63, and a special assessment fee $200.
Wallace previously pled guilty to one count of conspiracy to commit bank fraud and one count of bank fraud. According to court documents, in 2008, Wallace and her co-defendants, April Mitchell and Denise Appleton, executed a scheme to defraud federally-insured financial institutions by opening lines of credit in stores using other persons’s names and then using the fraudulent store credit cards to purchase goods and services. Wallace’s co-defendants have pleaded guilty and are awaiting sentencing.
Wallace is scheduled to voluntarily surrender to the custody of the Federal Bureau of Prisons on June 1, 2011.
This case was investigated by the United States Secret Service, Alabama Bureau of Investigation and the Department of Public Safety. The case was prosecuted by Assistant United States Attorneys Jerusha T. Adams and Brent Woodall.
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