FOR IMMEDIATE RELEASE

Thursday, July 12, 2012

SACRAMENTO, Calif. — Clinton Beau Babcock, 28, of Sacramento, was indicted today by a federal grand jury for aggravated ID theft, wire fraud, bank fraud, and access device fraud, United States Attorney Benjamin B. Wagner announced.

This case is the product of an investigation by the United States Postal Inspection Service and the Sacramento Police Department. Assistant United States Attorney Michelle Rodriguez is prosecuting the case.

According to court documents, in May and June 2011, Babcock obtained personal and financial information of a Sacramento man from stolen mail. He used the information to create an online banking profile and to transfer cash and make changes to the accounts. Babcock misdirected the victim’s mail to his own address and used the victim’s credit card accounts to obtain goods and services. He gained access to more than $150,000 in cash.

If convicted, Babcock faces a maximum sentence of 30 years in federal prison for bank fraud and wire fraud, up to 10 years for access device fraud, and at least two consecutive years in prison for aggravated identity theft. The actual sentence, if convicted, will be determined at the discretion of the court after consideration of any applicable statutory sentencing factors and the Federal Sentencing Guidelines, which take into account a number of variables.

Babcock is scheduled to be arraigned before U.S. Magistrate Judge Gregory G. Hollows July 17, 2012 at 2:00 p.m.

The charges are only allegations, and the defendant is presumed innocent until and unless proven guilty beyond a reasonable doubt.

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