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Justice News

Department of Justice
U.S. Attorney’s Office
Western District of Pennsylvania

FOR IMMEDIATE RELEASE
Tuesday, August 20, 2019

Bronx, NY Man Pleads Guilty in Bank Fraud Scheme

JOHNSTOWN, Pa. – A resident of Bronx, NY, pleaded guilty in federal court to a charge of conspiracy, United States Attorney Scott W. Brady announced today.

Nathaniel C. Graham, 27, pleaded guilty to one count of the indictment before United States District Judge Kim R. Gibson.

According to information presented to the court, from March 21 to March 28, 2017, Graham, along with others, conspired to commit bank fraud. Specifically, Anthony Sass and Jacob Gunther used a fraudulent Pennsylvania Driver License to open a checking and savings account at S&T Bank in Gallitzin, PA. A fraudulent personal loan for $40,000 was obtained and deposited into the accounts. Sass and Gunther received $15,000 of the loan proceeds in cash. On March 28, 2017, Graham travelled from New York to the S&T Bank with Sass and Gunther to retrieve the balance of the loan proceeds.

Judge Gibson scheduled sentencing for Dec. 19, 2019, at 10:00 a.m. The law provides for a maximum total sentence of 30 years in prison, a fine of $1,000,000, or both. Under the Federal Sentencing Guidelines, the actual sentence imposed would be based upon the seriousness of the offense and the prior criminal history, if any, of the defendant.

Assistant United States Attorney Maureen Sheehan-Balchon is prosecuting this case on behalf of the government.

The Laurel Highlands Resident Agency of the Federal Bureau of Investigation conducted the investigation that led to the prosecution of Graham.

Topic(s): 
Financial Fraud
Updated August 20, 2019