BOSTON - A Lynn man was arrested today and charged in connection with a scheme to impersonate bank customers and fraudulently withdraw money from their bank accounts.
Antonio Niati, 28, was indicted on one count of conspiracy to commit bank fraud. Niati was arrested today and will appear this afternoon before U.S. Magistrate Judge M. Page Kelley.
According to the indictment, in April 2017, Niati directed co-conspirators to conduct fraudulent transactions in victim bank accounts at a branch of Santander Bank in Dorchester. It is alleged that Niati directed a co-conspirator to impersonate bank customers by using fraudulent driver’s licenses, and recruited and paid a bank teller to facilitate the fraudulent transactions. The indictment alleges that Niati and his co-conspirators fraudulently withdrew over $640,000 from the accounts of bank customers.
The charge of conspiracy to commit bank fraud provides for a sentence of no greater than 30 years in prison, five years of supervised release and a fine of up to $1 million. Sentences are imposed by a federal district court judge based on the U.S. Sentencing Guidelines and other statutory factors.
United States Attorney Andrew E. Lelling and Harold H. Shaw, Special Agent in Charge of the Federal Bureau of Investigation, Boston Field Division made the announcement today. Assistant U.S. Attorney Neil J. Gallagher Jr. of Lelling’s Economic Crimes Unit is prosecuting the case.
The details contained in the indictment are allegations. The defendant is presumed to be innocent unless and until proven guilty beyond a reasonable doubt in the court of law.
Source: U.S. Department of Justice, Federal Bureau of Investigation (FBI)
