A former Missouri prison inmate has admitted running an identity theft scheme from behind bars, the U.S Attorney’s office said.
Danwine Dewayne Renard, 47, pleaded guilty Wednesday afternoon to four felony charges: conspiracy to commit mail, wire and bank fraud; aiding and abetting bank fraud; and two counts of aiding and abetting aggravated identity theft.
Renard was serving time in various Missouri prisons for check kiting and other charges. For more than two years beginning in July of 2008, Renard advised his co-conspirators via phone calls and letters from prison, prosecutors said.
Renard and others obtained personal information in the name of others and Renard’s co-conspirators used those IDs to open bank accounts in Madison and St. Clair counties and elsewhere, prosecutors said.
They would then deposit bogus checks in the accounts and use ATMs to withdraw money that didn’t really exist. They also wrote bad checks on the accounts, prosecutors said. Losses due to the scheme topped $200,000, court documents show.
When he gets out of prison, next time, he’s going to work for Goldman Sachs. Or Congress.
I doubt if federal regulators or anyone charged with Congressional oversight does their job any better than whoever is supposed to be keeping an eye on Missouri felons.