Peter Amondo Anderson, also known as “Nacho,” has pleaded guilty in U.S. District Court to conspiracy to commit bank fraud and aggravated identity theft. The announcement was made by Acting U.S. Attorney Joseph H. Thompson. Anderson is the second person to plead guilty in a case involving members and associates of the Lows, a street gang based in Minneapolis.
“The murderous Lows gang has ravaged the North Side with its violence while using fraud to fuel its crimes. No more,” said Acting U.S. Attorney Joseph H. Thompson. “We are good at prosecuting fraud and will continue to use every federal tool at our disposal to dismantle these violent street gangs.”
According to court documents, Anderson and his co-defendants engaged in a fraudulent scheme from April 2019 through January 2024 that included creating fake checks, depositing them into various accounts, and withdrawing funds for personal gain and for the benefit of the gang.
The group recruited individuals via social media who had bank accounts—referred to as “money mules”—to help deposit fraudulent checks. These individuals provided their banking information so false checks could be deposited into their accounts before the funds were withdrawn by Anderson’s group.
In addition to working with willing participants, Anderson and others stole victims’ personal identifying information through deceptive means. In August 2024, they used stolen banking information from a 65-year-old North Carolina resident to take approximately $39,000 using fraudulent checks.
Authorities report that at least 28 fake checks were deposited during this scheme, with nearly $220,000 attempted withdrawals.
Anderson entered his plea before Judge Kate M. Menendez. His co-defendant Faysal Mohamed (“G Money”) previously pleaded guilty on August 5, 2025; sentencing dates for both have not yet been set.
A related racketeering (RICO) indictment against the Lows gang remains pending in federal court, charging fourteen members with multiple offenses including murder, attempted murder, gun trafficking, drug trafficking, and firearms offenses connected to acts of violence resulting in death.
“Anderson and his co-conspirators executed an extensive fraud scheme to exploit victims’ financial information for their own profit and to fund the Lows campaign of violence and terror against the Minneapolis community,” said Special Agent in Charge Alvin M. Winston Sr., FBI Minneapolis. “This years-long conspiracy would have resulted in hundreds of thousands of dollars fueling Low's criminal activity. The FBI and our federal, state, and local partners will continue to seek out and stop all gang-related fraud, violence, and crime that threatens the safety of our streets.”
The investigation was conducted by several agencies including the Federal Bureau of Investigation (FBI), Minneapolis Police Department, Internal Revenue Service – Criminal Investigations United States Postal Inspection Service, and Minnesota Department of Corrections.
Assistant U.S. Attorneys Garrett S. Fields and David M. Classen for the District of Minnesota along with Trial Attorney Jared Engelking from the Criminal Division’s Violent Crime and Racketeering Section are prosecuting these cases.
An indictment is considered only an allegation until proven otherwise; defendants are presumed innocent unless found guilty beyond a reasonable doubt in court.
