LAREDO, Texas – A federal grand jury last week indicted two men and a woman on fraud-related charges after authorities found more than $600,000 worth of fake credit union and bank money orders linked to two defendants.
The indictment, released Thursday, said Michael Glenn Hughes, Michael Isaac Garcia and Dominga Alma Hernandez passed 14 counterfeit U.S. Postal Service money orders worth about $13,200 at area credit unions and banks from September 2011 through April 2012. Authorities seized about $687,800 in counterfeit money orders from the home where Hughes and Hernandez lived, the indictment said.
The indictment said the defendants took part in a scheme in which they deposited fake money orders into opened or newly opened bank accounts and withdrew money from the accounts before employees determined the money orders were fake.
The defendants carried out the scheme at Pantex FCU and the Borger FCU, Amarillo National Bank locations in Amarillo and Borger, and a Wells Fargo bank in Borger, the indictment said.