A Dedham resident faces charges of bank fraud and money laundering, according to a recent announcement made in federal court in Boston. Wyoming Killingbarrows, 30, originally named Patricio Junio Brito Pontes Barros, has been charged with four counts of bank fraud and one count of money laundering.
The allegations indicate that between June 2, 2021, and July 17, 2021, Killingbarrows submitted a total of 18 fraudulent bank loan applications. In the applications, he reportedly used his birth name, Patricio Barros, and provided falsified income figures and paystubs from a company to support his applications. The banks, deceived by these false representations, issued loans amounting to $329,002. It is alleged that Killingbarrows did not repay any of these loans.
Court documents reveal that the funds obtained were used for personal expenses and investments. For his use of criminally derived funds, Killingbarrows faces an additional charge of money laundering.
Bank fraud charges carry potential penalties of up to 30 years in prison, five years of supervised release, and fines up to $1 million. The money laundering charge could result in up to 10 years in prison, three years of supervised release, and fines either up to $250,000 or double the amount of the involved criminally derived property. Sentences are determined by a federal district court judge based on the U.S. Sentencing Guidelines.
The announcement of these charges involved United States Attorney Leah B. Foley, Andrew Murphy, Special Agent in Charge of the U.S. Secret Service, Boston Field Office, and Thomas Demeo, Acting Special Agent in Charge of the Internal Revenue Service Criminal Investigation, Boston Field Office. Assistant U.S. Attorney Brian J. Sullivan from the Narcotics and Money Laundering Unit is responsible for prosecuting the case.
