Seven Charged with Scheme to Cash Stolen U.S. Treasury Checks Throughout New England

BURLINGTON - The Office of the United States Attorney for the District of Vermont announced that on May 28, 2026, a federal grand jury returned an indictment charging Davon Olin, 36, of Hackensack, New Jersey and The Bronx, New York; Corey Vasquez, 35, of The Bronx, New York; James Michael Roosevelt Williams, 34, of The Bronx, New York; Mark Ochoa, 34, of The Bronx, New York; Lindsay Sheehan, 37, of The Bronx, New York, and two others with wire fraud conspiracy, bank fraud conspiracy, and aggravated identity theft. Olin appeared in United States District Court for the District of New Jersey on June 3, 2026, and was detained pending further proceedings to occur on June 8, 2026. Ochoa and Williams appeared in United States District Court for the Southern District of New York on June 3, 2026, and were ordered released upon satisfaction of conditions. Sheehan is expected to appear later today. Vasquez was previously arrested on state charges in Kentucky, and Vasquez's appearance in federal court has not yet been scheduled. Two additional defendants have not yet been arrested.

According to court records, from approximately August 2024 to August 2025, Davon Olin obtained stolen, legitimate U.S. Treasury checks in the names of various individuals. Olin then obtained false identification documents, including driver's licenses, using the names, dates of birth and social security numbers of the intended U.S. Treasury check recipients and photographs of Vasquez, Ochoa, Sheehan and other group members. Working with Vasquez and Williams, Olin provided the false identification documents to check depositors, including Vasquez, Ochoa, and Sheehan, who then presented the stolen U.S. Treasury checks and their false driver's licenses to banks in Vermont, New Hampshire, Maine, and elsewhere to open accounts and deposit the stolen checks, thereby fraudulently obtaining government funds. The scheme involved more than $500,000.00 in stolen U.S. Treasury checks.

The United States Attorney's Office emphasizes that an indictment contains allegations only and that the seven defendants are presumed innocent until and unless proven guilty. Each defendant faces up to 30 years of imprisonment if convicted. Cory Vasquez, Mark Ochoa, and Lindsay Sheehan also face aggravated identity theft charges which carry a mandatory 2-year consecutive sentence. The actual sentences, however, would be determined by the District Court with guidance from the advisory United States Sentencing Guidelines and the statutory sentencing factors.

First Assistant United States Attorney Jonathan A. Ophardt commended the investigatory efforts of the Internal Revenue Service - Criminal Investigation and the United States Treasury Inspector General for Tax Administration.

The prosecutor is Assistant United States Attorney Eugenia A. P. Cowles. The seven defendants have not yet retained nor been appointed counsel.

On April 7, the Department of Justice announced the creation of the National Fraud Enforcement Division. The core mission of the Fraud Division is to zealously investigate and prosecute those who steal or fraudulently misuse taxpayer dollars. Department of Justice efforts to combat fraud support President Trump's Task Force to Eliminate Fraud, a whole-of-government effort chaired by Vice President J.D. Vance to eliminate fraud, waste, and abuse within Federal benefit programs.