A Lakeland man has been sentenced to two years in prison after he pleaded guilty to bank fraud. Abraham Othman Yacoub, 27, must also forfeit more than $181,500, which prosecutors say was the loss to the financial institutions he victimized.
Yacoub was the registered agent for two Tampa companies — Visionary Auto Body LLC and Visionary Auto Care LLC — according to state records. He opened business banking accounts for both of the businesses at Wells Fargo, Bank of America, JP Morgan Chase Bank, TD Bank, Cadence Bank, Regions Bank, Seacoast Bank, First Horizon and Bank of Tampa, according to his plea agreement.
From 2021 to 2023, Yacoub defrauded several financial institutions in the Tampa area by making dozens of fraudulent deposits and withdrawals on behalf of Visionary Auto Body and Visionary Auto Care, his plea agreement says. Yacoub would take checks that he had already deposited at one bank and deposit them again at another bank, the agreement states…