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Tucson man sentenced to 94 months for bank fraud

Posted: 12:43 PM, Nov 02, 2018
Updated: 2018-11-02 18:45:10Z

A 44-year-old Tucson man was sentenced to more than seven years in prison for bank fraud.

According to the U.S. Department of Justice, Adam Sheafe was sentenced Friday in federal court to 94 months in prison after being found guilty of conspiracy to commit bank fraud, bank fraud and aggravated identity theft.

Prosecutors say Sheafe used stolen credit card numbers to process hundreds of transactions through Bank of America and Compass Bank without the knowledge of people who held the accounts. Sheafe managed to steal about $500,000 from the banks.

The FBI and United States Postal Service investigated Sheafe.