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Press Release

Former Paterson Resident Sentenced to 27 Months in Prison for Bank Fraud Conspiracy

For Immediate Release
U.S. Attorney's Office, District of New Jersey

NEWARK, N.J. – A former Paterson, New Jersey, resident was sentenced today to 27 months in prison for his role in a bank fraud conspiracy, U.S. Attorney Philip R. Sellinger announced.

Brando Mancebo, 24, formerly of Paterson, previously pleaded guilty by videoconference before U.S. district Judge Kevin McNulty to an information charging him with possession of stolen mail and conspiracy to commit bank fraud. Judge McNulty imposed the sentence today in Newark federal court.

According to documents filed in this case and statements made in court:

Mancebo and others conspired to break into U.S. Postal Service collection boxes in Bergen, Hudson, and Morris counties and steal mail. They agreed to fraudulently deposit stolen checks into bank accounts associated with members of the conspiracy, even though they were not payees on the checks. Members of the conspiracy then withdrew funds from those accounts.

In addition to the prison term, Judge McNulty sentenced Mancebo to five years of supervised release and ordered him to pay restitution of $106,374 and forfeiture of $2,025.

U.S. Attorney Sellinger credited special agents of U.S. Postal Inspection Service in Newark, under the direction of Postal Inspector in Charge Christopher A. Nielsen, Philadelphia Division, with the investigation leading to today’s sentencing.

The government is represented by Assistant U.S. Attorney Katherine Calle of the Special Prosecutions Division in Newark.

Updated September 27, 2023

Financial Fraud
Press Release Number: 23-281