Memphians Sentenced For Theft Of Government Funds
Memphis, TN – Edward L. Stanton, III, United States Attorney for the Western District of Tennessee announced that Chief Judge Jon McCalla sentenced Ronald Black, age 36, of Memphis, Tennessee, to 51 months and Katrina Banks, age 21, of Memphis, to 30 months in prison for stealing United States Department of Treasury funds through the filing of false income tax returns, in violation of 18 U.S.C. § 641.
According to the Informations filed with the court and the facts elicited during the pleas and sentencings, beginning in 2010, Black and Banks obtained a large amount of victims’ personal information from discarded Angel Tree applications at an abandoned apartment complex. Black and Banks then used the victims’ personal information to file false income tax returns claiming refunds in 2011. Black and Banks opened bank accounts in the name of businesses to allow the refunds to be electronically deposited into these accounts, and also recruited others to open accounts for this purpose. They filed over 200 false returns and fraudulently obtained over $200,000 from the Department of Treasury.
These cases were investigated by the United States Secret Service and the IRS. Assistant United State Attorney Stephen Hall prosecuted these cases on behalf of the government.