A Kansas City, Missouri, woman has pleaded guilty in federal court to her role in a bank fraud scheme involving a stolen and altered check valued at more than $880,000.
Prosecutors said that Aviance Shepard, 34, admitted that in March 2023, she obtained a $881,324 check belonging to another person after it was stolen from the United Parcel Service mail stream. Shepard opened a business account at a local financial institution using the name of the intended payee. On March 27, 2023, she deposited the stolen check into the account.
Court documents state that the following day, March 28, Shepard withdrew significant funds from the account. She obtained five cashier’s checks totaling $320,000 for herself and others and also withdrew $20,000 in cash…