Staten Island, NY brothers sentenced on fraudulent loan schemes
February 12th, 2010 - 3:52 pm ICT by BNO NewsMANHATTAN, NEW YORK (BNO NEWS) – Two brothers were sentenced to prison for obtaining hundreds of thousands of dollars in fraudulent loan schemes, U.S. Attorney Preet Bharara announced on Thursday.
Curtis Wiltshire, 35, was sentenced to 40 months for bank fraud and aggravated identity theft. He is a former employee of New York Federal Reserve Bank (FRB-NY). His brother Kenneth Wiltshire, 41, was sentenced to 57 months in prison after pleading guilty on mail fraud and aggravated identity theft.
Curtis Wiltshire worked as an information and technical analyst for the FRB-NY. He had access to personal identification information of his co-workers which he stole and gave it to his brother in 2006.The Wiltshire brothers, of Long Island, used the stolen information to obtain educational loans using fake identities.
The older brother, Kenneth Wiltshire, also applied for boat and recreational vehicle loans. In the course of both schemes, the brothers sought loans between $450k and $525k.
In order to fulfill the fraudulent schemes, the brothers manufactured several fake documents like driver’s licenses, college related documents, tax returns among others.
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