ALBANY, N.Y. — Two Albany residents were sentenced this week to federal prison for their involvement in a bank fraud conspiracy that targeted SEFCU, federal prosecutors announced.
Allahson Allah, 54, received a 57-month prison term, followed by three years of post-release supervision, for his role in the scheme. Caeshara Cannon, 35, who worked at SEFCU, was sentenced to 16 months in prison and two years of post-release supervision. Both were ordered to pay restitution to SEFCU, with Allah responsible for $88,800 and Cannon for $77,200.
According to prosecutors, Allah and a co-defendant, Evan Cutler, 25, of Queensbury, New York, led a conspiracy between February 2022 and October 2022 to impersonate SEFCU customers and fraudulently obtain cash and credit from the credit union. Cannon, a Member Service Representative, supplied customer account information, which Allah and Cutler used to create counterfeit checks. The conspirators negotiated the fake checks at SEFCU branches throughout the Capital Region and applied for fraudulent loans using stolen identities.
The scheme yielded $88,800, with total intended losses exceeding $100,000, according to court records. “This was a significant conspiracy involving multiple actors and a breach of trust within the credit union,” prosecutors said during the sentencing.
Two additional co-conspirators, Davon Parson, 20, and Dnauticah Taylor-Sterman, 21, both of Albany, have also pleaded guilty. Parson was sentenced earlier this year to 15 months in prison and two years of post-release supervision, with restitution of $9,000. Cutler and Taylor-Sterman are scheduled to be sentenced later this year.