Oregon Man Sentenced in Bank Fraud, Identity Theft, and Possession of Methamphetamine Scheme

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If you’ve been charged with a Federal White Collar or Narcotics Crime and going to Federal Prison and need assistance, contact Wall Street Prison Consultants at 855-577-4766 help@wallstreetprisonconsultants.com 

On December 19, 2022, William Anthony McCormack Jr., 40, was sentenced to 121 months in federal prison and faces 5 years of supervised release. McCormack from Portland, Oregon, was found guilty of stealing bank checks and debit cards to defraud local residents and possessing illegal distribution quantities of methamphetamine.

For the losses that resulted from his scheme, McCormack was also ordered by the court to pay $8,553 in restitution. In his illegal scheme, McCormack would steal bank checks and debit cards from community mailboxes. His illegal scheme transpired between June and September 2020, which took place in Washington County.

He would use the stolen bank checks and debit cards to withdraw money from the accounts of the original owners who were unaware of his fraudulent activities. It was reported that McCormack deposited stolen checks into the victims’ Rivermark Community Credit Union accounts and orchestrated unauthorized withdrawals on at least 5 occasions.

His sinister methods constituted legal violations of identity theft and bank fraud. Back on September 24, 2020, a federal grand jury in Portland arraigned a 12-count indictment for McCormack. He faced charges of possession of stolen mail, possession of counterfeit U.S. Postal Service arrow keys, bank fraud, and aggravated identity theft.

McCormack’s fraudulent crimes were put to an end when he was caught at a traffic stop for speeding and driving with a suspended license.

On September 29, 2020, McCormack was arrested by a Tualatin police officer in accordance with a federal arrest warrant. When he was arrested, the police inspected McCormack. Upon inspection, the authorities found that he had 30 small plastic bags in his possession and uncovered approximately 30 grams of methamphetamine along with two 9mm handguns inside.

In addition to these items, police officers stumbled on several driver’s licenses, U.S. passports, and pieces of stolen mail in his vehicle and hotel room.

On March 16, 2021, McCormack was released from police custody on the grounds that he will be entering a residential drug treatment program. Then on April 14, 2021, he pleaded guilty to all three of the indicted charges on him. Three weeks later, he escaped from the treatment program and a warrant was issued for him to be arrested by the police.

The authorities had no information on his whereabouts for more than a year until the Tigard Police Department arrested him on June 5, 2022. The U.S. Postal Inspection Service handled the investigation of the case and Meredith D.M. Bateman, the Assistant U.S. Attorney for the District of Oregon, handled the prosecution.

The Bank Fraud indictment McCormack was charged with pursuant to 18 USC 1344, makes it a federal crime to to defraud a financial institution; or to obtain any of the moneys, funds, credits, assets, securities, under the custody or control of, a financial institution, by means of false or fraudulent pretenses and carries a maximum punishment of 30 years

The US Sentencing Guidelines indicates if McCormack had no criminal history and a dollar loss of $550,000 it could expose him to a sentence of approximately 3 years or more in federal prison.

Wall Street Prison Consultants helps Federal defendants and inmates with designations to Federal Prisons near their home, teaches Prison Survival, and assists with placement in inmate EARLY RELEASE programs.

help@wallstreetprisonconsultants.com

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