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  • Newark man sentenced to 30 months in prison for bank fraud

Newark man sentenced to 30 months in prison for bank fraud

Editor October 2, 2021 2 minutes read
235 views

NEWARK, NJ — Qshaun Brown-Guinyard, 27, of Newark, was sentenced to 30 months in prison for conspiring to defraud two banks of more than $250,000 using stolen credit cards and blank checks, acting U.S. Attorney Rachael A. Honig announced on Sept. 29.

Brown-Guinyard previously pleaded guilty by videoconference before U.S. District Judge Susan D. Wigenton to an information charging him with one count of conspiracy to commit bank fraud. Wigenton imposed the sentence Sept. 29 by videoconference.

According to documents filed in this case and statements made in court, from August 2018 through January 2020, Brown-Guinyard and his conspirators engaged in a scheme to use stolen credit cards and checks to fraudulently make purchases and withdraw money from two banks, leaving the banks to bear the losses of the scheme. The credit cards were stolen from facilities used by the U.S. Postal Service in Pine Brook and Warren. Because the cards were stolen, they never reached the intended cardholders. After obtaining the stolen cards, Brown-Guinyard and his conspirators used them to make unauthorized purchases at various retail stores and withdraw cash from ATMs in New Jersey and elsewhere.

The blank checks were also stolen from various New Jersey–based post office facilities and never reached their intended recipients. Once obtained, Brown-Guinyard and his conspirators altered the date, payee and amount of the stolen checks prior to deposit. He and his conspirators would then fraudulently withdraw money at various ATMs from the third-party account holders’ accounts.

Four of Brown-Guinyard’s conspirators — Nasheed Jackson, Alexander Varice, Dashawn Duncan and Allen Varice — have previously pleaded guilty to identical charges. 

In addition to the prison term, Wigenton sentenced Brown-Guinyard to five years of supervised release and ordered him to pay restitution of $181,158.

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