WILMINGTON, Del. – David C. Weiss, U.S. Attorney for the District of Delaware, announced today that a resident of Bear, Delaware was sentenced on Tuesday to 36 months in prison for committing wire fraud, bank fraud, and money laundering against several banks, the Social Security Administration (“SSA”), and Sutter Health, a California healthcare company. Proven losses from the defendant’s schemes totaled approximately $225,000.  United States District Judge Leonard P. Stark pronounced sentence.

According to court documents and testimony at the August 2021 trial, Aaron Davis, 44, engaged in a series of schemes with unknown accomplices to defraud the SSA, Sutter Health, Citizens Bank, and SunTrust Bank between July 2017 and October 2017.  One scheme involved serially opening bank accounts; depositing money fraudulently taken from Sutter Health and the SSA into those accounts; and withdrawing the money before those funds could be verified.  Another scheme involved depositing fraudulent checks into bank accounts and withdrawing funds before the fraudulent nature of the checks could be detected.  A third money laundering scheme involved moving the illegally acquired money from one bank account into another to make the funds appear legitimate.

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