Man scams bank out of $530K using Stolen Social security numbers, authorities say
TRENTON -- A Manalapan man already facing charges of stealing $386,000 from TD Bank in New Jersey and four other states is now facing similar federal offenses after prosecutors accused him of scamming the same bank out of more than $530,000, authorities said Wednesday.
Daniel White, 51, was charged with bank fraud and aggravated identity theft for what acting U.S. Attorney William Fitzpatrick said was a 16-month scam in which White collected $530,559 on checks drawn from hundreds of bank accounts, created with stolen social security numbers, that didn't contain enough money to cover them.
White, who was arrested in June 2016 in connection with similar bank fraud allegations in Ocean County, appeared before U.S. Magistrate Judge Douglas Arpert in Trenton on Wednesday on these new charges.
In all, White is accused of opening or directing others to open 413 accounts at several branches of TD Bank between February 2015 and June 2016 using 133 different social security numbers.
Then White either wrote checks against those accounts or had others write checks against those accounts knowing there wasn't enough money to cover them, Fitzpatrick said in a news release.
White opened 115 accounts using 31 stolen social security numbers, Fitzpatrick said.
In one instance, White opened four accounts at the TD Bank branch in Freehold on Feb. 22, 2016, Fitzpatrick said. After he made a series of deposits and withdrawals, the bank was scammed of a total of $2,103 two days later when checks were drawn on those accounts, the complaint said.
White used the same method on the same day at a TD Bank branch in South Freehold, where he set up two accounts and scammed the bank out of $1,043, according to the complaint.
White was arrested in June 2016 after he had two unsuccessful attempts at launching the scam on TD Bank branches in Manchester and Stafford. In both cases, bank employees became suspicious and called police, but White fled before he could be confronted. He was eventually arrested at a casino in Atlantic City.
By that time, he had set up fake accounts at TD Bank branches in New Jersey, Connecticut, Massachusetts, New York and Pennsylvania and had scammed them out of more than $386,000, authorities said at the time.
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