"A former U.S. Postal Service letter carrier was sentenced on Monday, Sept. 8, to five and a half years in federal prison for stealing over $10 million in checks from the mail, according to the U.S. Department of Justice. Rashad Deon Stolden, a 34-year-old Huntington Beach man, worked in the Fairfax area of Los Angeles. From 2020 to 2024, he stole mail with high-value checks and debit cards from the California Employment Development Department, the agency that handles unemployment and disability benefits, according to the DOJ."
"Stolden used the money in part for luxury hotel stays, prosecutors said. [Stolden] seemed to think only of his own profits, trying to decide whether he should use his thefts to pay for a $13,000 hotel stay in Bora Bora, or if he should upgrade to a $20,000 stay in the Presidential Villa at the Conrad, a prosecutor's sentencing document said. He worked with a friend, also a letter carrier, to sell the stolen checks to co-conspirators who would negotiate the checks using fake identity documents, authorities said."
Rashad Deon Stolden, 34, received a five-and-a-half-year federal prison sentence for stealing more than $10 million in checks from the mail. Between 2020 and 2024 he took high-value checks and debit cards from the California Employment Development Department, which issues unemployment and disability benefits. He and a fellow letter carrier sold stolen checks to co-conspirators who negotiated them using fake identity documents and purchased victims' personal information to activate EDD cards. In June 2022 he stole a $7.3 million Treasury check that was negotiated for over $1 million. He pleaded guilty to conspiracy to commit bank fraud and must pay $1,627,291 in restitution.
Read at www.ocregister.com
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