Title: Northern Marianas Banking Duo Sentenced for Conspiracy to Commit Bank Fraud

Defendants Sentenced for Role in Bank Fraud Conspiracy

SHAWN N. ANDERSON, United States Attorney for the Districts of Guam and the Northern Mariana Islands, announced the sentencing of defendants AMELIA M. TEDTAOTAO, 31, and ANN MARIE C. PANGILINAN, 41.
The defendants were sentenced in the District Court presided by Chief Judge Frances Tydingco-Gatewood.

Sentencing of the Defendants

TEDTAOTAO’s Sentence:

30-month prison term
Three years of supervised release
$9,005.53 in restitution
$100 assessment fee
50 hours of community service

PANGILINAN’s Sentence:

12-month sentence (6 months in home confinement during 2-year supervised release)
$2,850 in restitution
$100 assessment fee
50 hours of community service

Bank Fraud Conspiracy Overview

Between May and July 2014:

TEDTAOTAO and PANGILINAN, and other conspirators, orchestrated an intricate ATM debit-fraud and check-fraud scheme.
Funds from Bank of Guam (BOG) and checks drawn from Wells Fargo Bank, N.A. were used.
Fraudulent checks were deposited into third-party BOG accounts via ATM transactions.
Cash was withdrawn based on those checks.
Attempted to steal over $70,000 from BOG by depositing 101 fraudulent checks.

Collaborative Investigation and Prosecution

The investigation into these fraudulent activities was led by the Federal Bureau of Investigation (FBI) and Guam Police Department.
The case was prosecuted by Marivic P. David, an Assistant United States Attorney for the District of Guam.

Conclusion

Anderson stated in a press release, “The successful resolution and sentencing of these defendants serve as a reminder that the Northern Mariana Islands law enforcement community remains diligent in its efforts to prevent and prosecute financial crimes.”

This marks the conclusion of a multifaceted investigation and brings those responsible for this elaborate bank fraud conspiracy to justice.