Four Massachusetts men have been charged by the U.S. Attorney's Office for the District of Massachusetts in a scheme involving the theft of more than $12.2 million in U.S. Treasury checks.
The defendants are David Obeng, 24, of Dedham; Lynley Joseph, 26, of Brockton; Lindsley Georges, 33, of Everett; and Shaunsayh Addo, 33, of Leominster. Each faces counts of bank fraud conspiracy and money laundering conspiracy.
According to prosecutors, the group altered Treasury checks intended for legitimate payees and redirected the funds to shell companies they controlled. The checks were deposited at banks and credit unions around Boston between 2023 and 2026.
Authorities allege that the defendants subsequently moved the stolen funds through cashier's checks, purchased approximately $310,000 in luxury watches, and obtained a $425,000 real estate loan secured by Nantucket property.
Lindsley Georges had previously been convicted of federal money laundering in 2022 and was on supervised release at the time the new scheme allegedly took place.
David Obeng faces additional charges in a separate case involving the use of fraudulent bank texts and calls to drain more than $1 million from customer accounts.
Nine other individuals were charged in earlier proceedings related to cases involving the same stolen Treasury checks.
A bank fraud conspiracy conviction carries a maximum penalty of up to 30 years in prison.
