News and Press Releases

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.

Babcock is scheduled to be sentenced by U.S. District Judge Jon A. Mendez on November 20, 2012. 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, however, 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.

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