GREENSBORO, N.C. - Matthew G.T. Martin, United States Attorney for the Middle District of North Carolina, announced today that MICHAEL KIRK SCHON pleaded guilty to a felony charge of mail fraud relating to a forfeiture of a bail bond.
SCHON, age 48, of Spotsylvania, Virginia, pleaded guilty before Chief United States District Judge Thomas D. Schroeder in federal court in Winston-Salem.
SCHON was licensed as a surety bail bondsman by the North Carolina Department of Insurance in 2014 and was employed by All American Bail Bonds, LLC, in Randleman, North Carolina. Bankers Insurance Company underwrote and served as surety on bail bonds issued by All American Bail Bonds, LLC. In 2013, All American Bail Bonds wrote $250,000 secured bond underwritten by Bankers Insurance Company, to secure release of an individual whose initials are F.S.L., in the alias name “Renaildo Santiago Dominguez." F.S.L. had been arrested and charged with trafficking and other state drug charges in Superior Court in Guilford County. However, F.S.L. failed to appear and as a result the bail bond was declared forfeited on Oct. 29, 2013.
Under state law, the Guilford County Board of Elections receives payment on forfeited bail bonds issued to secure the appearance of defendants charged in the District and Superior Courts in Guilford County. In March 2014, the Guilford County Board of Education and Banker’s Insurance Company, through SCHON, entered into a settlement agreement establishing a schedule for payments on the forfeited bond. The settlement agreement provided that scheduled payments would be waived if F.S.L. died before the due date of any payment. After the first scheduled payment of $80,000, SCHON procured and provided to the Guilford County Board of Education a false death certificate showing that F.S.L. had died on May 12, 2014, in Sinaloa, Mexico, when in fact F.S.L. was not dead. Relying on the false death certificate, the Board of Education issued a satisfaction of judgment cancelling the remaining $170,000 in payments.
The defendant faces a maximum penalty of twenty years imprisonment, a fine of up to $250,000, or both, and a term of supervised release of not more than three years. He may also be ordered to pay restitution. Sentencing will occur in Winston-Salem on Nov. 19, 2019 at 9:30 a.m.
The case was investigated by the United States Postal Inspection Service and the North Carolina Department of Insurance. The case was prosecuted by Assistant United States Attorney Frank J. Chut.
Source: U.S. Department of Justice, Office of the United States Attorneys
