Man Indicted for Using Stolen Identities to Defraud Various Financial Institutions of More Than $1.6 Million

Memphis, TN – A man has been indicted for allegedly using the stolen identities of personal acquaintances, car dealers and over 145 Memphis Neurology patients to defraud various financial institutions of more than $1.6 million. Edward L. Stanton III, U.S. Attorney for the Western District of Tennessee, announced the indictment today.

According to the indictment, Jeremy Jones, 37, of Memphis, Tennessee, allegedly executed a scheme to steal the identities of personal acquaintances, car dealers and over 145 Memphis Neurology patients throughout 2011, 2012 and 2015. Jones reportedly used this identifying information to apply for loans and credit cards and open bank accounts in the individuals’ names without their knowledge. A co-conspirator, who was employed at Memphis Neurology, removed patient information from the company’s database and provided it to Jones upon his request. Jones agreed to compensate the co-conspirator for providing him with this information.

Jones allegedly sent and received applications, checks and other financial information to and from various lenders through mail carriers to other states. The potential loss to the financial institutions is $1,660,587.30.

On Tuesday, February 16, 2016, Jones was indicted on individual counts of conspiracy to commit identity theft, identity theft, mail fraud, and aggravated identity theft.

The maximum prison sentence for conspiracy is 5 years. The maximum sentence for identity theft is 5 years. The maximum sentence for mail fraud is 20 years. The maximum sentence for aggravated identity theft is a mandatory penalty of 2 years imprisonment consecutive to any other sentence imposed.

This case is being investigated by the U.S. Postal Inspection Service and U.S. Secret Service.

Assistant U.S. Attorney Damon K. Griffin is prosecuting this case on the government’s behalf.

The charges and allegations contained in the indictment are merely accusations, and the defendant is considered innocent unless and until proven guilty.