Man Sentenced To 12-Plus Years' Imprisonment In $1.7 Million Check Fraud Scheme
BENTON – A Southern Illinois district judge sentenced a St. Louis man to 145 months in federal prison for his involvement in a vehicle sale scheme using fake cashier’s checks and targeting victims in Madison, Jasper, Bond and Fayette counties. Valentino Colic, 34, pleaded guilty in September to one count of conspiracy to commit wire fraud, two counts of wire fraud, two counts of interstate transportation of property taken by fraud and six counts of aggravated identity theft. Following imprisonment, he will serve three years of supervised release. The 11-count indictment also named co-conspirators Alen Saric, 36, Almir Palic, 25, and Emad Hasanbegovic, 34, all of St. Louis. Saric pleaded guilty in January to one count of conspiracy to commit wire fraud, one count of interstate transportation of property taken by fraud and one count of aggravated identity theft. His sentencing hearing is scheduled for May 7. Palic was sentenced to 51 months in February. Hasanbegovic is
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