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06/26/2022

Credit union fraud scheme, Greenfield man charged with 87 counts

Fox 6 Now

A Greenfield man is charged with 87 total counts – including more than 30 that are fraud-related.

According to a criminal complaint, Mount Pleasant police were assigned to investigate a "wide-sweeping" fraud operation allegedly organized by 22-year-old Devontae Cash against Educators Credit Union.

The scheme, the complaint states, is commonly known as "card cracking" – which involves depositing checks using a mobile banking app and immediately withdrawing some funds. When the check is processed, however, it comes back as fraudulent, insufficient funds or "account closed."

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