Jennifer Sorenson, 27, Derrick Jamine Moore, 38, both of Myrtle Beach, and Tiffany Faith Buffkin, 26, of Green Sea pleaded guilty Wednesday to conspiracy to commit bank fraud.
US Attorney Bill Nettles says evidence presented at the plea hearing showed that between June and September 2007, $825,739 was fraudulently transferred to Sorenson, Moore and Buffkin, and $418,538 was withdrawn from the accounts.
Nettle says Derrick Moore recruited Sorenson, Buffkin and other co-defendants to allow him access to their personal and banking information so that their bank accounts could be used to deposit funds. The bank accounts were then used to wire money from other people's accounts without those people's knowledge or consent. The defendants would then withdraw the funds that had been wired into their accounts and provide a majority of the money to Moore and retain a portion for themselves.
Mr. Nettles stated the maximum penalty Sorenson, Moore and Buffkin can receive is a fine of $1,000,000 and/or imprisonment for 30 years, plus a special assessment of $100.
