CAMDEN, N.J. (AP) — Three Camden residents are accused of stealing more than $200,000 worth of checks from industrial park mailboxes.
Federal prosecutors say 29-year-old Ivory Vernon, 38-year-old Joseph Reevey and 35-year-old Ibn Muhammad were each charged with bank fraud and conspiracy in an indictment made public Friday. Muhammad also faces a weapons charge.
Prosecutors say the three suspects stole checks from curbside mailboxes in industrial parks in New Jersey, Pennsylvania and Delaware from August 2012 to August 2013. They also allegedly recruited others to cash the stolen checks.
They allegedly cashed or attempted to cash more than 45 stolen and altered business checks worth more than $200,000. That resulted in more than $100,000 in losses for the banks.