A 27-year-old Buffalo woman, the fourth and final of the check kiting suspects who defrauded Buffalo banks in recent years, pleaded guilty Monday to a bank fraud charge before U.S. Magistrate Judge Leslie G. Foschio.
Nichole Dean faces a prison term of up to 30 years and a fine of up to $ 1 million for the $7,612 she admitted making on the foiled bank conspiracy.
Assistant U.S. Attorney Russell T. Ippolito , Jr., said Dean and her three cohorts would open bank accounts at various banks, deposit large checks in the accounts with the checks written on other bank accounts that had insufficient funds. Before the banks could determine the checks could not clear, small amounts of money were withdrawn from the new accounts.
Dean’s accomplices – Carlique Deberry, 35, Sade Health, 27, and her sister Sayonara Health, 33 – have already been convicted.
All four defendants await sentencing before Chief U.S. District Judge William M. Skretny in several months.