Forty-three people face charges after two-year banking fraud investigation

FAIRFAX COUNTY, Va. – Forty-three people have been indicted on more than 740 crimes after an investigation into banking fraud, cigarette trafficking and money laundering in Henrico County.

The two-year investigation began in January of 2015, when a bank investigator in Fairfax County contacted police to report a group of people that were intentionally writing checks from accounts with no available funds.

An investigation also determined the suspects were fraudulently building up banking credit through numerous deposits and withdrawals. They also rented numerous cars from rental car companies with debit cards, but the suspects would withdraw money from the bank accounts before the transaction was completed, preventing the business from receiving payment.

According to police, the suspects committed these acts at nine different banks in Fairfax County.