CA: Man pleads guilty to bank fraud, aggravated identity theft

Hoa Quach reports:

The lead defendant in a fraud case involving Wells Fargo employees who stole customer account data that was used to impersonate victims and steal money from their accounts is due to be sentenced in July after pleading guilty to federal charges.

Ronald Charles Reed, 69, of Inglewood pleaded guilty Thursday in U.S. District Court in Los Angeles to felony counts of bank fraud and aggravated identity theft, said Thom Mrozek of the U.S. Attorney’s Office.


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