Boston man pleads guilty to posing as bank customers and withdrawing more than $900,000
William Shaw, 68, admitted using fake driver's licenses to impersonate at least 13 bank customers over more than two years, federal prosecutors said.
A Boston man has pleaded guilty in federal court to impersonating at least 13 bank customers and withdrawing more than $900,000 from their accounts, the U.S. attorney's office in Boston said Thursday.
William Shaw, 68, pleaded guilty Sept. 30 to four counts of bank fraud and four counts of aggravated identity theft, prosecutors said. U.S. District Judge Julia E. Kobick scheduled sentencing for Jan. 6, 2027. Shaw was charged in January.
According to prosecutors, from at least December 2022 through at least March 2025, Shaw used fake driver's licenses that carried the customers' information but his own photo. He gave bank tellers withdrawal slips listing the customers' names and account numbers and, while posing as the account holders, took more than $900,000 in cashier's checks and cash, prosecutors said.
Bank fraud carries up to 30 years in prison. Aggravated identity theft carries a mandatory minimum of two years, which must be served in addition to any other sentence.
Prosecutors said Shaw's case is connected to a broader investigation into a multimillion-dollar scheme to defraud banks in Massachusetts, Connecticut and Rhode Island. Three men charged in that investigation in July 2025, Phalentz Vernot, Victor Kolawole and Keith Wainaina, have pleaded guilty and are awaiting sentencing, according to the U.S. attorney's office. A woman, Rosemary Parks, was sentenced Sept. 30 for her role in a related scheme, prosecutors said.
The FBI's Boston and New Haven divisions investigated the case.
This brief was drafted by AI from a public agency or political press release and published by The New England Signal. Why we use AI for stories like this one.