A New York man is the second person to be sentenced to prison for his role in a multi-state bank fraud conspiracy that defrauded at least 28 individuals and 20 businesses, announced Acting United States Attorney Sara Miron Bloom.
Jaymark Larios, 23, of the Bronx, was sentenced on Tuesday by U.S. District Court Chief Judge John McConnell, Jr., to 24 months in prison followed by three years of supervised release, as well as $93,200 in restitution. On March 6, 2025, Larios pleaded guilty to conspiracy to conduct bank fraud.
Another conspiracy member, Paul Keenan, 54, of the Bronx, NY, was sentenced on June 23, 2025, to 24 months in jail followed by three years of supervised release. On February 27, 2025, he pleaded guilty to conspiracy to conduct bank fraud.
According to court records, participants of the conspiracy traveled to numerous states in 2023 and early 2024 to recruit and organize individuals while also obtaining their images and personal identifying information, such as Social Security numbers, dates of birth, and banking information. Furthermore, the conspirators received the identities and banking details of roughly two dozen corporate companies. The information gathered was used to create false identification and checks.
According to evidence presented in court, members of the conspiracy traveled with their recruits to banks in Rhode Island, Massachusetts, New Hampshire, Vermont, Pennsylvania, New Jersey, Ohio, Maryland, West Virginia, and other states to cash fraudulent checks created by conspiracy members. At least 28 people and 20 businesses were victimized.
The plan tried to defraud banks of roughly $143,000, with 22 banks successfully defrauded of approximately $93,200.
The cases were prosecuted by Assistant United States Attorney Christine Lowell.
Homeland Security Investigations and the East Providence Police Department investigated the case, with assistance from the Portsmouth Police Department. Local events.
