A Minneapolis man is facing two felony identity theft charges after authorities say he used another person’s identity to withdraw a combined $12,760 in cash from a victim’s checking and savings accounts at two Twin Cities bank branches on the same June day. Dion Antonio Lowe, 55, is accused of walking into a U.S. Bank branch on Payne Avenue in St. Paul and another U.S. Bank location in Woodbury within about 40 minutes of each other, presenting what appeared to be photo identification and forging the victim’s signature on withdrawal slips each time.
According to the criminal complaint, the victim, identified in court records as M.B. and described as a Missouri resident, discovered $6,280 withdrawn from his checking account and $6,480 pulled from his savings account. M.B. told investigators he had not made either withdrawal and had not authorized anyone else to do so, and he reported the identity theft to Woodbury police on June 13, two days after the transactions allegedly took place, according to Limitless News. The first transaction occurred at 11:49 a.m. at the St. Paul branch, and the second happened around 12:30 p.m. at the Woodbury location, the complaint states.
Surveillance Footage and a Tesla Sighting
Investigators obtained U.S. Bank records through a search warrant and found surveillance video showing the suspect at both bank locations, according to the complaint. Exterior surveillance footage allegedly showed the suspect arriving and leaving as a passenger in a white Tesla. A Maple Grove crime analyst identified the suspect as Dion Antonio Lowe, according to the complaint, and Woodbury police subsequently distributed his photo to law enforcement agencies across the Twin Cities metro area.
Lowe was already in Hennepin County custody when Washington County requested a warrant in this case, court records show. The complaint states he had been arrested in Edina in April for similar alleged bank fraud activity, and investigators also learned he had been arrested in Wisconsin. He was ultimately transferred to Washington County Jail on two outstanding bench warrants tied to separate felony bank fraud cases, and the complaint states he also had outstanding Tennessee warrants for identity theft, forgery and theft.
An Alleged Admission Behind Bars
Lowe was interviewed at Washington County Jail on Aug. 27, according to the complaint, and allegedly admitted making the unauthorized withdrawals from M.B.’s checking and savings accounts on June 11. He also allegedly admitted participating in what he described as an organized, multi-state bank fraud scheme. Lowe is presumed innocent unless and until proven guilty in court, and the charges remain allegations at this stage.
A Pattern Across Multiple Counties
This is not the only fraud case Lowe faces. Washington County prosecutors previously charged him in August 2026 with felony identity theft and financial transaction card fraud tied to a May 4 theft report at an Old National Bank in Woodbury, according to MN Crime. In June 2026, Hennepin County prosecutors separately charged Lowe with felony identity theft and aggravated forgery stemming from an April 16 bank fraud report at an Old National Bank in Hennepin County…