SACRAMENTO, Calif. — Richard Beldon Waters III, 29, of Contra Costa County, pleaded guilty today to bank fraud and possession of stolen U.S. mail, Acting U.S. Attorney Phillip A. Talbert announced.

According to court documents, between April and August 2020, Waters and co-defendant Desiree Brianna Bello perpetrated a mail theft and bank fraud scheme throughout Northern California. The scheme involved stealing U.S. mail from residential mailboxes and harvesting bankcards, identification documents, financial information, checks, and personally identifying information (PII) for use in fraudulent activity. Waters and Bello used the identification and PII of the mail theft victims to obtain money and property from banks and businesses.

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