United States Attorney Benjamin B. Wagner
Eastern District of California
Sacramento Man Pleads Guilty to Bank Fraud, Wire Fraud, and Aggravated I.D. Theft
|FOR IMMEDIATE RELEASE||
Tuesday, August 14, 2012
Docket #: 2:12-cr-251-JAM
SACRAMENTO, Calif. — Clinton Beau Babcock, 28, of Sacramento, pleaded guilty today to aggravated ID theft, wire fraud, bank fraud, and access device fraud, U.S. 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.