Two Men Plead Guilty to Broadview FCU Check & Loan Fraud Case
Davon Parson and Dnauticah Taylor-Sterman conspire with a former credit union employee to steal member funds and loans.
Two New York men, who conspired with a former employee at the $8.4 billion Broadview Federal Credit Union in Albany to steal member funds and loans, pleaded guilty to bank fraud and aggravated identity theft, the U.S. Attorney’s Office for the Northern District of New York in Albany said last week.
In separate pleas before U.S. District Judge Anne M. Nardacci, Davon Parson, 20, of Albany and Dnauticah Taylor-Sterman, 21, also of Albany, each admitted that between February and October 2022, they were part of a five-person fraud ring to defraud Broadview by applying for loans and cashing fake checks with the stolen identities of credit union members and phony New York driver’s licenses.
Parson and Taylor-Sterman obtained member account information from Caeshara Cannon, 33, of Albany, a former member service advisor at Broadview, court records stated. They used that information to create counterfeit checks, which were presented for negotiation at several Broadview branches. The checks amounted to more than $33,000. They also used member information from Cannon to fraudulently apply for two $25,000 Broadview loans, which were cashed out. The conspirators also submitted a third $25,000 loan application, which was not approved, according to court records.
Parson and Taylor-Sterman also agreed to each make $25,000 in restitution to Broadview, according to their plea deals.
Last September, Cannon signed a plea deal with prosecutors and agreed to plead guilty to conspiracy to commit bank fraud and aggravated identity theft. She also agreed to pay $77,200 in restitution to the credit union.
Although she was scheduled to be sentenced this month, her sentencing hearing has been moved to July.
Two other persons involved in the fraud scheme, Evan Cutler and Allahson Allah, have been charged with conspiracy to commit bank fraud and aggravated identity theft. They have pleaded not guilty. April jury trials have been scheduled for both men, though they have the option to change their pleas by March, court filings showed.