Cleveland pair charged for their roles in ID and bank fraud scheme
A federal grand jury today returned an eight-count indictment charging David C. Marks, age 52, and Wendy A. Stephens, age 51, both of Cleveland, with conspiracy to commit bank fraud and identity theft, bank fraud, and production of false identification documents, said Steven M. Dettelbach, United States Attorney for the Northern District of Ohio.
The indictment charges that between January 6, 2010, and July 23, 2010, Marks and Stephens executed a scheme to defraud Huntington Bank and to obtain funds from the bank by means of false and fraudulent pretenses, representations and promises, by making fraudulent withdrawals from the accounts of legitimate Huntington Bank customers, causing losses to Huntington Bank in excess of $30,000.
The indictment further charges that Marks and Stephens accomplished this scheme to defraud by creating fraudulent Ohio driver’s licenses, bearing the name and personal identifiers of Huntington Bank account holders, but the photographs of another individual, and then using those fraudulent driver’s licenses to make withdrawals from at those customer’s Huntington Bank accounts.
If convicted, the defendants’ sentences will be determined by the Court after review of factors unique to this case, including the defendants’ prior criminal records, if any, the defendants’ role in the offense and the characteristics of the violation. In all cases, the sentence will not exceed the statutory maximum and in most cases, it will be less than the maximum.
This case is being prosecuted by Assistant U.S. Attorney Chelsea S. Rice of the Cleveland U.S. Attorney’s Office, following an investigation by the Cleveland Office of the United States Secret Service, as well as the United States Postal Service, Office of the Inspector General.
An indictment is only a charge and is not evidence of guilt. A defendant is entitled to a fair trial in which it will be the government’'s burden to prove guilt beyond a reasonable doubt.