Instagram fraud scheme targets Navy Federal

An Atlanta man was sentenced to more than three years in prison last month for running a social media scheme that deposited more than $1 million in fraudulent checks at the $75.1 billion Navy Federal Credit Union, USAA and BB&T.

Stefon D. Clark, 27, was also ordered by U.S. District Court Judge Steve C. Jones in Atlanta on June 23 to pay restitution of more than $613,000. Clark pleaded guilty to two counts of bank fraud and one count of conspiracy to commit bank fraud.

In November 2015, Ayanna Johnson, 23, and Quantaves Curry, 27, also of Atlanta, were also sentenced to more than three years in prison for participating in the social media scheme.

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