Flint man sentenced for bank fraud
POSTED: Wednesday, January 13, 2010 - 4:17pm
UPDATED: Tuesday, March 23, 2010 - 12:42pm
U.S. Attorney John M. Bales announced today that a 43-year-old Flint, Texas man has been sentenced to federal prison for bank fraud in the Eastern District of Texas.
Bryan L. Moore pleaded guilty on June 9, 2009, to an Information charging him with two counts of bank fraud and was sentenced to 63 months in federal prison today by U.S. District Judge Michael Schneider. Moore was also ordered to pay restitution of $987,654.52.
According to information presented in court, Moore admitted that in 2007, he wrote a series of insufficient checks to First State Bank in Brownsboro, Texas. To cover the checks, Moore deposited a number of checks which proved to be non-negotiable, including a counterfeit check in the amount of $713,000.
Moore also maintained a checking account at Community Bank, also known as Bancorp South in Tyler, Texas. Moore's account at Community Bank was overdrawn as a result of a series of financial transactions similar to those at First State Bank in Brownsboro.
On Aug. 27, 2007, Moore deposited two counterfeit checks at Community Bank totaling $384,437. Moore perpetrated similar schemes at other banks resulting in a total loss of between $2.5 million and $7 million.
This case was investigated by the Federal Bureau of Investigation and prosecuted by Assistant U.S. Attorney Alan Jackson.