Derrick Pickett Sentenced to 75 Months in Prison for Treasury Fraud & Identity Theft
Michael J. Moore, United States Attorney for the Middle District of Georgia, announced that Derrick Pickett, age 49, of Ellenwood, Georgia, was sentenced to 75 months in federal prison on Thursday, December 6, 2012, by United States District Court Judge W. Louis Sands, in Albany, Georgia.
Pickett was sentenced to 75 months in the Bureau of Prisons and ordered to pay restitution in the total amount of $386,674 to the three banks he defrauded. After service of his sentence Pickett will be on 5 years of supervised release.
Pickett pled guilty to Counts Three and Four of the Superseding Indictment on October 29, 2011. Count Three charged Mr. Pickett with conspiracy to commit bank fraud. Count Four charged “aggravated identity theft,” that is, using the personal identify data of a person, including the true payee’s signature, without the person’s permission in order to commit bank fraud.
As set forth in the plea agreement, Mr. Pickett would obtain United States Treasury checks, Georgia Department of Revenue refund checks and tax refund anticipation loan checks by fraud or through associates who stole them from the mail. Pickett would deposit the checks with the forged endorsements of the true payees at banks in Macon, Georgia, and at two additional banks in Atlanta, Georgia. Shortly thereafter, Mr. Pickett would withdraw the proceeds.
The investigation was conducted by the United States Secret Service and Assistant United States Attorney Jim Crane handled the prosecution. For additional information, please contact Sue McKinney at the U.S. Attorney’s Office, at 478-621-2602.