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A Nevada man has been sentenced to prison for defrauding the government of millions of dollars by stealing US Treasury checks and the identities of their rightful recipients.
The United States Attorney’s Office for the District of Utah says 41-year-old Kyle Eugene Duncan-Carle has been sentenced to 72 months in prison after he admitted to committing bank fraud.
Authorities say that between January and September 2023, Duncan-Carle stole US Treasury checks that were already made out to people or companies and stole their identities to open credit union accounts under their names. He subsequently deposited the checks to be able to withdraw the funds, according to prosecutors.
All in all, Duncan-Carle admitted to stealing at least eight Treasury checks totaling $7.97 million.
In the end, authorities say the victims, which include the US government, financial institutions and an insurance provider, sustained $3.49 million in losses.
Duncan-Carle’s sentence also includes five years of supervised release after his six-year stint behind bars and an order to pay restitution to his victims.
He was reportedly arrested in Lyon County, Nevada, last year and charged with bank fraud, aggravated identity theft and receipt of stolen government property.
