Timothy Canon, 27, and Brady Frick, 39, were sentenced to prison on September 26, 2019 by U.S. District Judge Robert Conrad, Jr. for executing a bank fraud scheme involving stolen mail in and around Charlotte, NC.
From April 2017 to November 2017, Timothy and Brady carried out a bank fraud scheme using stolen mail to defraud financial institutions. The co-conspirators obtained the stolen mail by targeting high-end rich neighborhoods in the Charlotte area.
In order to avoid detection, Brady rented luxury vehicles to drive around the targeted neighborhoods, while Timothy collected the mail. As part of the criminal scheme, Timothy and Brady stole mail that contained the victims’ bank checks, credit card convenience checks, credit cards, and other bank account information.
The suspects used the information to steal money from the victims and to make unauthorized transactions at the expense of federally-insured financial institutions.
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Brady was sentenced to 61 months in prison for conspiracy to commit bank fraud, bank fraud, and aggravated identity theft. Timothy was sentenced to a year and a day in prison for conspiracy to commit bank fraud. Both convicted men were also ordered to serve terms of supervised release and to pay $81,322.14 in restitution.