Nevada Man Jailed for Multimillion-Dollar Scheme Involving Stolen Treasury Checks

A Nevada resident has been sentenced to six years in federal prison after orchestrating a sophisticated fraud operation that involved stealing U.S. Treasury checks and using stolen identities to access the funds.

Federal prosecutors say 41-year-old Kyle Eugene Duncan-Carle admitted to carrying out the scheme over a nine-month period in 2023. By intercepting Treasury checks already issued to individuals and businesses, he was able to impersonate the intended recipients and open fraudulent accounts at credit unions. He then deposited the checks and withdrew the funds before the deception was uncovered.

In total, Duncan-Carle admitted to taking at least eight checks worth nearly $8 million. While some funds were recovered, authorities say the scam caused an estimated $3.49 million in financial losses affecting the federal government, banks, and an insurance company.

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Following his 72-month prison sentence, Duncan-Carle will be subject to five years of supervised release. He has also been ordered to repay the stolen money as restitution to the victims.

His arrest in Lyon County, Nevada, last year led to charges including bank fraud, identity theft, and receiving stolen government property—charges to which he ultimately pleaded guilty.

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