California resident guilty of cashing fake, stolen checks

(Washington, DC – Insurance News and Markets) – On Aug. 2, Devonnie Davison pleaded guilty for his role in a conspiracy to commit theft of government property. He pleaded guilty to one count of conspiracy to commit theft of public money and two counts of theft of public money.   He was one of 11 individuals charged in November 2015 in a 71-count indictment, including charges of  conspiracy to commit theft of public money, theft of public money, wire fraud, and aggravated identity theft.

The plea agreement notes that Davison participated in the conspiracy between August 2013-April 2015, illegally obtaining money from the government by negotiating stolen U.S. Treasury checks. Some of those checks came from filing false tax returns, but others were stolen U.S. Treasury checks obtained by other conspirators. He cashed those checks at Walmart stores in the San Francisco Bay area; Walmart cashiers were paid by members of the conspiracy to cash the fraudulent and stolen U.S. Treasury checks.  Davison also conspired with other individuals who prepared and filed false tax returns with the IRS and attempted to cash stolen U.S. Treasury checks during 2013, 2014 and 2015, which totaled $521,318.

Davison faces a statutory maximum term of five years in prison for the count of conspiracy to commit theft of public money and 10 years in prison for the count of theft of public money.  He also faces a term of supervised release and monetary penalties.

Source: U.S. Department of Justice.