ST. GEORGE, Utah–Authorities have indicted a Nevada man for a scheme that targeted credit unions and involved more than $7 million in stolen U.S. Treasury Checks.
According to the U.S. Attorney's Office for the District of Utah, Kyle Eugene Duncan-Carle, 40, of Las Vegas, Nevada carried out a scheme to defraud multiple credit unions from January 2023 through September 2023 in the District of Utah.
“Duncan-Carle conducted the scheme by obtaining stolen U.S. Treasury checks made out to individuals and companies, assuming the identity of the individuals whose names were on the checks, opening credit union accounts under the assumed identities, and then depositing the checks and withdrawing the funds,” the U.S. Attorney said. “The scheme resulted in Duncan-Carle obtaining at least six stolen treasury checks that totaled $7,075,695.55. This included an incident in April 2023 when Duncan-Carle assumed a victim’s identity, opened an American First Credit Union account under the victim’s name, and deposited a stolen tax-refund check for $821,333 made out to the victim. Duncan-Carle was arrested over the weekend in Lyon County, Nevada.”
The Charges
The U.S. Attorney said Duncan-Carle is charged with bank fraud, aggravated identity theft, and receipt of stolen government property. It added that because Duncan-Carle was arrested in Nevada, his initial court appearance on the indictment will take place at a United States District Courthouse in Nevada.
The Investigators
The case is being investigated by the Internal Revenue Service, Criminal Investigations (IRS-CI); the Internal Revenue Service Treasury Inspector General for Tax Administration (TIGTA); and the FBI Salt Lake City Field Office.
Assistant United States Attorneys Stephen P. Dent and Luisa Gough of the U.S. Attorney’s Office for the District of Utah are prosecuting the case.
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