Whitehall Man Pleads Guilty In Forged Check Scheme
PITTSBURGH, Pa. ‑ Acting United States Attorney Robert S. Cessar announced today, July 20, 2010, that Otis "Lynn" Jolo, a resident of Allegheny County, Pennsylvania, pleaded guilty in federal court to a charge of Conspiracy to Commit Bank Fraud, as well as four counts of Possession of Forged Securities.
Jolo, age 26, pleaded guilty to five counts before Senior United States District Judge Maurice B. Cohill.
In connection with the guilty plea, Assistant United States Attorney Gregory C. Melucci advised the court that Jolo conspired with co‑defendants Orech "Mo" Lokiri and Larry "Pappy" Johnson to deposit forged personal checks drawn on closed bank accounts, and then withdrew the funds against the forged checks.
Judge Cohill scheduled sentencing for October 14, 2010. The law provides for a total sentence of 45 years in prison, a fine of $1,250,000, or both. Under the Federal Sentencing Guidelines, the actual sentence imposed is based upon the seriousness of the offense and the criminal history, if any, of the defendant.
The United States Postal Inspection Service and the United States Secret Service conducted the investigation that led to the prosecution of Otis Jolo.
Protect yourself from fraud, and report suspected cases of financial fraud to local law enforcement.