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Saturday, October 5, 2024

Former bank loan officer pleads guilty to defrauding federal credit union

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United States Attorney Joshua S. Levy | U.S. Department of Justice

United States Attorney Joshua S. Levy | U.S. Department of Justice

A Boston woman pleaded guilty on July 12, 2024, to conspiring to defraud the federal credit union where she worked as a loan officer by obtaining loans in the names of inmates at a Massachusetts prison where a co-conspirator was incarcerated.

Nadaje Hendrix, 26, of Brighton, pleaded guilty to one count of conspiracy to commit bank fraud. U.S. District Judge Julia E. Kobick scheduled sentencing for October 4, 2024. In January 2024, Hendrix was indicted by a federal grand jury along with alleged co-conspirator Glenroy Miller.

Between December 2019 and August 2021, Hendrix and allegedly Miller agreed to defraud the credit union where Hendrix worked as a loan officer and assistant branch manager by obtaining loans in the names of other individuals, including inmates at a Massachusetts prison where Miller was incarcerated. While in prison, Miller allegedly gave Hendrix information about fellow inmates for her to use in creating fraudulent loan applications and then arranged to have additional co-conspirators go into the credit union to pretend to be the inmates, sign loan forms, and obtain loans from the credit union through Hendrix. The scheme also involved obtaining loans in the names of individuals whose identities were stolen. In total, Hendrix and allegedly Miller stole about $134,000 from the credit union over approximately two months in 2021.

The charge of conspiracy to commit bank fraud provides for a sentence of up to 30 years in prison, up to five years of supervised release, and a fine of $1 million. Sentences are imposed by a federal district court judge based upon the U.S. Sentencing Guidelines and other statutory factors.

Acting United States Attorney Joshua S. Levy and Jodi Cohen, Special Agent in Charge of the Federal Bureau of Investigation's Boston Division made the announcement. Assistant U.S. Attorney Kriss Basil of the Securities, Financial & Cyber Fraud Unit is prosecuting the case.

The details contained in the charging document are allegations. The remaining defendant is presumed innocent unless and until proven guilty beyond a reasonable doubt in a court of law.

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