Source: Office of United States Attorneys
NEWARK, N.J. – A New York man was sentenced today to 84 months in prison for conspiring to commit wire fraud, Acting U.S. Attorney Vikas Khanna announced.
Terrell Fuller, 34, of Baldwin, New York, previously pleaded guilty before U.S. District Judge Stanley R. Chesler to an information charging him with conspiring to commit wire fraud.
According to documents filed in the case and statements made in court:
Fuller and his co-conspirators submitted a fraudulent application to the Small Business Administration, which caused the SBA to provide them with approximately $1,200,000. In addition, Fuller and his co-conspirators opened bank accounts in the names of various entities and individuals, deposited illegally obtained or fraudulent checks into those accounts, and then withdrew and attempted to withdraw money from the accounts. Further, Fuller, using stolen personal identifying information, fraudulently rented locations to live in New York and failed to pay more than $400,000 in rent and fees for those locations. Through the conspiracy, Fuller and his co-conspirators obtained more than $2,000,000 in money and property through their fraudulent actions.
In addition to the prison term, Judge Chesler sentenced Fuller to 3 years of supervised release and $2,289,816.06 in restitution.
Acting U.S. Attorney Khanna credited special agents of the Federal Bureau of Investigation, Franklin Township Resident Agency, under the direction of Acting Special Agent in Charge Terence G. Reilly, and special agents of the Internal Revenue Service – Criminal Investigation, under the direction of Special Agent in Charge Jenifer L. Piovesan in Newark.
The government is represented by Assistant U.S. Attorney Andrew Kogan of the Cybercrime Unit in Newark.
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Defense counsel: Scott Leemon, New York City, New York