Bank scam suspects busted
By Norman Miller / Daily News Staff
Saturday, August 27, 2005, Boston Globe
 

FRAMINGHAM -- Two Marlborough men tried to scam several Sovereign Banks by depositing counterfeit checks into fraudulent accounts and then planning to withdraw the money, police said.
     But both Marcello Pessoa Farias, 28, and Marcos Dutra Crespo, 29, of 37 Royal Crest Drive, Marlborough, were arrested Thursday at 2:38 p.m. at the Sovereign Bank on Union Avenue before any money was withdrawn.
     Police said both men are Brazilian and in this country illegally.
     "They didn't actually make any withdrawals, but they were preparing to," Deputy Police Chief Craig Davis said.
     The pair were arrested after an internal investigation by Sovereign Bank security officials, Davis said. They had noticed that a large number of bank accounts with apparent fake names had been opened at several of the bank's branches.
     The suspects would then deposit counterfeit checks for large amounts of cash into the accounts. Davis said the men planned to withdraw the money before the checks bounced.
     Both men were charged with conspiracy to commit a crime and larceny.
     Both men pleaded not guilty in Framingham District Court at their arraignment yesterday. They are both due back on Sept. 23.
     Crespo was ordered held without bail because he had an unrelated warrant. Farias' bail amount was unavailable.
     "This was a joint investigation (with bank security)," said Davis. "There was a tremendous amount of investigative work put into this. Thankfully, they were stopped before they were able to make any withdrawals or to get any money."