Essex County Man, Tashon Ragan Admits Conspiring to Steal Mail and Commit Bank Fraud
NEWARK, N.J (STL.News) An Essex County, New Jersey, man today admitted his role in a conspiracy to steal check books and credit cards from the postal system, Acting U.S. Attorney Rachael A. Honig announced.
Tashon Ragan, 21, of Hillside, New Jersey, 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.
According to documents filed in this case and statements made in court:
From February 2019 to May 2020, Ragan conspired to fraudulently obtain money from victim financial institutions by depositing counterfeit checks and checks stolen from the mail into accounts at victim financial institutions and withdrawing funds from those accounts before the fraudulent checks were identified and further withdrawals were blocked. Ragan and his conspirators arranged for USPS employees to steal credit cards and blank check books from the mail in exchange for cash payments. USPS employees provided the checks to Ragan and his conspirators. Ragan and his conspirators forged the signatures of the accountholders and negotiated the checks by making them payable to individuals, some of whom were New Jersey high school students and who had given Ragan and his conspirators access to their accounts, also in exchange for cash.