Shelton man pleads not guilty to depositing altered U.S. Treasury refund checks
Federal prosecutors say Juaveel Wright, 34, altered five tax refund checks issued to other people and organizations, worth more than $520,000 combined, and deposited them into his brokerage account.
A federal grand jury in Bridgeport has indicted a Shelton man on five counts of theft of government property, accusing him of depositing altered U.S. Treasury tax refund checks worth more than $520,000, the U.S. attorney's office for the District of Connecticut said Friday.
Juaveel Wright, 34, pleaded not guilty Sept. 17 before U.S. Magistrate Judge S. Dave Vatti in Bridgeport and was released on a $200,000 bond, prosecutors said. The indictment was returned Sept. 2.
According to the indictment, Wright obtained Treasury tax refund checks between February and July 2024 that had been issued to other people or organizations, and altered them, or had them altered, so that he was listed as the payee at his address in Shelton.
Prosecutors said he deposited the five checks into his brokerage account and received more than $440,000 for the first four. The brokerage firm did not release money for the fifth check after determining it had been altered, according to the indictment.
Wright then moved most of the money into two bank accounts and withdrew it mainly as cash, prosecutors said, and used some of the funds to buy stocks in his brokerage account.
Theft of government property carries a maximum sentence of 10 years in prison on each count.
The charges are allegations, and Wright is presumed innocent unless and until he is proven guilty.
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