Camden County, NJ, Man Admits to $150,000 Bank, Credit Card Fraud
A man from Camden County has admitted to participating in schemes to negotiate fraudulent checks with forged signatures and for using credit cards without authorization.
On Wednesday in Camden federal court, 29-year-old Emmanuel Yirenkyi of Pine Hill pleaded guilty to one count of bank fraud conspiracy and one count of access device fraud conspiracy.
Federal authorities say Yirenkyi conspired with at least two others to commit bank fraud by obtaining blank checks containing the names and account information of unsuspecting customers of a credit card company.
They made the checks payable to members of the conspiracy, forged the customers’ signatures on the checks, and negotiated the checks at financial institutions. In a separate scheme, Yirenkyi and [Misty] Sarfo-Adu also conspired to use credit cards without the account holders’ knowledge or authorization.
Yirenkyi admitted the schemes caused over $150,000 in losses to the credit card company.
The count of conspiracy to commit bank fraud carries a prison sentence of up to 30 years and a $1 million fine. The count of conspiracy to commit access device fraud carries a maximum penalty of five years in prison and a fine of up to $250,000.
Sentencing is scheduled for January 16th.
Sarfo-Adu previously pleaded guilty to his participation in the same conspiracies and is scheduled to be sentenced in late November.
