The Massachusetts man is accused of stealing more than $1 million in a bank fraud scheme
Drunk driver calls 911 on himself - hear the shocking audio!
A drunk driver was shocked to find out he was driving on the wrong side of the road after calling 911 on law-abiding drivers in Lincoln, Nebraska. Body cam footage shows a deputy from Lancaster County Sheriff's Office apprehending the man.
A Massachusetts man has been arrested and charged in an elaborate bank fraud scheme that included over 100 counterfeit checks totaling more than $1 million, federal investigators said.
Hui Zhang, 41, of Quincy, was arraigned in federal court in Worcester on Thursday afternoon for a single charge of bank fraud, according to the state's U.S. Attorney’s Office.
Hui Zhang, 41, of Quincy, Mass., was arraigned in federal court Thursday. (iStock)
Zhang was taken into custody after an extensive investigation culminated with FBI agents raiding his home.
Investigators say that from June 2020 through at least May 2022, Zhang allegedly opened fraudulent bank accounts under false identities and deposited over $1 million worth of approximately 114 counterfeit checks.
Following his fraudulent deposits he allegedly withdrew hundreds of thousands of dollars in cash through ATMs.
FLORIDA MAN BUSTED WITH GUNS, DRUGS AND ‘PROSITUTES’ IN LUXE NANTUCKET YACHT RAID
Zhang was identified in part by a tattoo on his left hand that was visible in surveillance footage from the ATM withdrawals, investigators said.
An ATM dispensing cash. (Gado/Getty Images/File)
Zhang allegedly used the same IP address to open the fraudulent bank accounts and to deposit counterfeit checks.
CLICK HERE FOR THE FOX NEWS APP
The charge of bank fraud provides for a sentence of up to 30 years in prison, five years of supervised release, and a fine of up to $1 million, or twice the gross proceeds, the US Attorney’s Office said.
Police said the investigation is ongoing.
Sarah Rumpf-Whitten is a writer on the breaking news team for Fox News Digital. You can reach her on Twitter at @s_rumpfwhitten.
