A federal jury in Cleveland has convicted a Chinese national who used his position as a bank employee in a yearlong scheme to steal money from elderly customers, according to federal prosecutors.
Cao Yue, 36, of Winfield, Illinois, was found guilty on 10 counts of bank fraud, four counts of aggravated identity theft, and one count of money laundering, following a five-day trial before U.S. District Judge J. Philip Calabrese, the U.S. Attorney’s Office for the Northern District of Ohio announced on Feb. 10.
Prosecutors said Cao stole approximately $2 million from bank accounts belonging to victims aged 90 to 103 in New York, Pennsylvania, Connecticut, Washington, and Ohio….
Former Bank Employee Convicted of Stealing $2 Million From Elderly Customers
