Kyle Eugene Duncan-Carle, a 41-year-old resident of Las Vegas, Nevada, has been sentenced to six years in prison following his admission to bank fraud charges. The sentencing took place in Salt Lake City, Utah. In addition to the 72-month imprisonment, Duncan-Carle will also serve five years of supervised release and has been ordered to pay restitution amounting to $3,490,634.75.
Court documents reveal that between January and September 2023, Duncan-Carle engaged in a scheme where he stole U.S. Treasury checks addressed to various individuals and companies. He assumed the identities of these individuals, opened credit union accounts under their names, deposited the stolen checks into these accounts, and subsequently withdrew the funds. The fraudulent activities resulted in the theft of at least eight treasury checks totaling $7,975,621.22. Consequently, this scheme caused significant financial losses to the United States government and associated financial institutions.
The announcement was made by Acting U.S. Attorney Felice John Viti from the District of Utah.
The investigation was conducted by multiple agencies including the Internal Revenue Service Criminal Investigations (IRS-CI), the Internal Revenue Service Treasury Inspector General for Tax Administration (TIGTA), and the FBI Salt Lake City Field Office.
The case was prosecuted by Assistant United States Attorneys Stephen P. Dent and Luisa Gough from the U.S. Attorney’s Office for the District of Utah.
