A Florida resident has admitted to stealing tens of thousands of dollars from U.S. banking customers by posing as a fraud investigator.
The United States Attorney’s Office for the Southern District of California say Albert Guerra, based in Miramar, Florida, has pleaded guilty to running a nationwide bank fraud scheme with his associates. Guerra’s scheme involved first gathering information about a bank customer and then calling him under the pretense of conducting a fraud investigation.
“He convinced the victims to withdraw cash and deliver it to so-called bank tellers – who were merely drivers that Guerra sent to collect money from the victims and deliver it back to him.”
Because many of his victims were elderly, Guerra usually told the drivers he hired to collect the money that he was sending them to pick up documents from his grandparents, according to the U.S. Attorney’s Office for the Southern District of California.
Although Guerra is a Florida resident, details in his plea deal indicate he defrauded more than $170,000 from victims on the West Coast. In October 2025, Guerra defrauded $136,300 from three victims living in different parts of San Diego, California. Three days after stealing from the trio, Guerra spent $24,000 on a Tesla Model 3 in Las Vegas.
In northern Oregon, Guerra stole $40,000 from at least one victim.
Guerra, who pleaded guilty in late March to charges of bank fraud and money laundering, is expected to be sentenced in June.
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