NEWARK, N.J.– A New York man today admitted his role in a scheme to alter and deposit hundreds of checks stolen from mailboxes across New Jersey, U.S. Attorney Philip R. Sellinger announced.
Nigel Lynch, 21, of Yonkers, New York, pleaded guilty by videoconference before U.S. District Judge Katharine S. Hayden to an information charging him with one count of bank fraud conspiracy and one count of conspiracy to receive and possess stolen mail.
According to documents filed in the case and statements made in court:
From February to November 2020, Lynch and two conspirators stole over 290 checks from New Jersey mailboxes in Morris, Essex, Somerset, and Passaic counties. They then altered the stolen checks and deposited them into bank accounts controlled by Lynch and his conspirators. After the stolen checks were deposited, Lynch and his conspirators withdrew cash from the accounts totaling over $550,000.
The bank fraud charge conspiracy charge carries a maximum penalty of 30 years in prison and a $1 million fine; and the conspiracy to receive and possess stole mail carries a maximum sentence of five years in prison and a $250,000 fine. Sentencing is scheduled for Nov. 8, 2022.
U.S. Attorney Sellinger credited postal inspectors of the U.S. Postal Inspection Service in Newark, under the direction of Inspector in Charge Damon Wood, Philadelphia Division, with the investigation leading to today’s guilty plea.
The government is represented by Assistant U.S. Attorney Blake Coppotelli of the U.S. Attorney’s Office Economic Crimes Unit.