Two charged with money laundering in $224K+ theft used for fake accounts in Stamford, Greenwich banks

Two individuals are facing money laundering charges after they cashed more than $224,000 in stolen treasury checks then used the money to purchase gold coins, according to warrants for their arrest.

Two individuals are facing money laundering charges after they cashed more than $224,000 in stolen treasury checks then used the money to purchase gold coins, according to warrants for their arrest.

Michael Cummo/Hearst Connecticut Media

STAMFORD — Two individuals are facing money laundering charges after they were accused of cashing more than $224,000 in stolen treasury checks then allegedly used the money to purchase gold coins, according to warrants for their arrest.

Juan Hernandez, 40, of  from Edgewater, N.J., and Donna Hurley, 54, of Harlem, N.Y., were each charged with first-degree larceny, conspiracy to commit first-degree larceny, second-degree money laundering and three counts of first-degree identity theft for what police described as a long-running scam using stolen identities to launder money stolen from the identity theft victims, according to the arrest warrants.

The investigation into Hernandez and Hurley first began in October 2022 after Stamford police learned of bank accounts opened at five different banks using the information from two people who had their identities stolen. The banks were in Stamford, Darien and Greenwich, according to the arrest warrants.

According to their arrest warrants, Hernandez and Hurley deposited $224,093 in treasury checks from two different people then used their information to open accounts at five different banks where they then deposited the money.

Hernandez and Hurley later allegedly used the funds to purchase gold coins, Investigator Michael Stampien wrote in their warrants.

Using surveillance footage from the banks, police were able to identify Hernandez and Hurley, as well as a vehicle that was being used in the commission of the alleged crimes.

On Nov. 7, Stamford police officers saw and pulled over a vehicle fitting the description of the vehicle being used. During the stop, police recovered paperwork related to the fraudulently opened bank accounts, fake licenses using the victims’ names and a social security card for one of the victims, according to the arrest warrants.

Stampien writes that police also recovered a folder from the car that contained stolen identifying information for more than 400 people.

Hernandez was originally held on $1 million bond, but Judge Kevin Randolph reduced it to $500,000 at his arraignment. He is next expected to appear at the state Superior Court in Stamford on March 1.

Hurley was held on $100,000 bond and is next expected to appear in court on March 7.