Philadelphia Bank Employee Charged In Fraud And Identity Theft Case
PHILADELPHIA - Michael Tuffour, 27, of Philadelphia a was charged by Indictment, unsealed May 6, 2016, with one count of bank fraud and three counts of aggravated identity theft, announced United States Attorney Zane David Memeger.
The indictment alleges that while he was working as a customer service representative for TD Bank, Tuffour abused his position of trust in numerous ways including: opening fraudulent accounts for co-conspirators so that they could deposit counterfeit checks into those accounts; helping the co-conspirators withdraw the cash before TD Bank discovered that the checks were fraudulent; wiring money from the fraudulent accounts before TD Bank discovered that the checks were fraudulent; and secretly stealing customer information that he sold to co-conspirators, who used it to manufacture false IDs and counterfeit checks that they then used to unlawfully access the customers’ accounts.
Tuffour faces a mandatory minimum term of two years in prison with a statutory maximum sentence of 36 years, a period of supervised release, a possible fine, and a $400 special assessment.
The case was investigated by the United States Secret Service and the Federal Bureau of Investigation and is being prosecuted by Assistant United States Attorney Michael S. Lowe.
An Indictment is an accusation. A defendant is presumed innocent unless and until proven guilty.