A West Dallas man has pleaded guilty to federal bank fraud after admitting he used stolen identities and fake IDs to deposit more than $15 million in U.S. Treasury checks meant for businesses around the country. Kendrick Lamont Fugett entered his plea on September 17, 2026, before Chief U.S. District Judge Reed O’Connor in the Northern District of Texas, according to IRS Criminal Investigation, which investigated the case. He faces up to 30 years in federal prison, and his sentencing is set for January 14, 2027.
What Fugett admitted in federal court
The plea was announced by Ryan Raybould, the U.S. Attorney for the Northern District of Texas, and published by IRS Criminal Investigation. Fugett was arrested on a federal criminal complaint on August 20, less than a month before he pleaded guilty.
In his plea agreement, Fugett admitted to depositing Treasury checks that were intended for various businesses by posing as people connected to those businesses. He used stolen identities, fake driver’s licenses and forged corporate documents to open accounts and move the checks through banks in the Dallas area.
“Mr. Fugett’s guilty plea reflects our office’s commitment to protecting federal funds,” Raybould said. “We will continue to work closely with our law enforcement partners to hold accountable those who steal from the American taxpayer and Main Street Americans.”…