Dallas County man convicted of conspiracy against fraud in East Texas USAO-EDTX

SHERMAN, Texas – A Wylie man has been sentenced to prison for federal rape in the eastern district of Texas, U.S. Attorney General Nicholas J. Ganjei announced today.

Noble Nwachukwu, 26, pleaded guilty on October 23, 2019 to conspiracy to commit bank fraud and has been sentenced today to 15 months in federal prison by U.S. District Judge Amos L. Mazzant. The district court also ordered Nwachukwu to lose $ 56,921.40.

“An act of fraud against a FDIC-insured banking institution is ultimately fraud for the U.S. taxpayer,” acting U.S. Attorney Nicholas J. Ganjei said. “EDTX, along with its federal and local law enforcement partners, will do whatever it takes to keep our local financial institutions free of fraud and other criminal opportunism.”

According to information submitted to the court, in January 2019 police officers responded to a call for suspicious activity and found Nwachukwu with $ 18,960 in cash in his vehicle. A search of consent on Nwachukwu’s cell phone revealed a fraudulent check collection scheme where fraudulent checks were made on Key Bank HELOC (wealth line of credit) accounts belonging to unrelated victims. These checks were credited to the account of Nwachukwu and another person. A total of three checks were deposited. The bank froze the funds of a check for a total of $ 29,900. A second check for $ 37,900 was also deposited, with $ 37,200 subsequently withdrawn in cash. A third check for $ 37,200 was deposited but the bank froze the funds. Nwachukwu and his accomplice Chijioke Maduewesi were indicted by a grand federal jury on July 9, 2019. Maduewesi pleaded guilty on July 29, 2021 and is awaiting sentencing.

This case was investigated by the U.S. Secret Service and the Wylie Police Department and prosecuted by U.S. Attorney Kevin McClendon.

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