AG: NJ gang members involved in bank fraud scheme

July 7, 2009 1:06:06 PM PDT
New Jersey authorities say 31 people have been indicted in a bank fraud scheme orchestrated by members and associates of the Bloods street gang. New Jersey Attorney General Anne Milgram said Tuesday that the scheme involved more than $654,000 in counterfeit checks.

She said the scheme resulted in the theft of more than $341,000 from eight banks.

The charges stem from "Operation Bloodbank," an investigation by the New Jersey State Police, the state Division of Criminal Justice and the Monmouth County Prosecutor's Office.

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