The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
The Daily Hodl
No Result
View All Result

Postal Workers Steal $10,000,000 in Treasury and Other Checks From the Mail, Sentenced to More Than Five Years in Prison

by Conor Devitt
September 17, 2025
in Scams, Hacks & Breaches

Two former United States Postal Service (USPS) letter carriers were sentenced to more than five years in prison after stealing more than $10 million worth of checks in the mail.

Rashad Deon Stolden, 34, of Huntington Beach, pleaded guilty to one count of conspiracy to commit bank fraud in April and was sentenced last week to 66 months in prison, Central District of California prosecutors say.

Stolden was also ordered to pay $1,627,291 in restitution.

Charlie Banks Green Jr., 37, of East Los Angeles, pleaded guilty to the same charges in April and received the same jail sentence and fine this week, CBS News reports.

Prosecutors say Stolden and Green stole checks from the US Treasury Department and debit cards from the California Employment Development Department (EDD), which manages the state’s unemployment insurance program.

Their crime spree, which lasted from 2020 through August 2024, included the theft of a $7.3 million Treasury check. Stolden and Green hawked the stolen checks to co-conspirators who utilized counterfeit identity documents to negotiate them.

In a sentencing memorandum, prosecutors argued that Stolden took funds from people in need and used them to bankroll lavish purchases.

“Nowhere in [Stolden’s] voluminous communications throughout this conspiracy did he express any empathy for his victims even as he stole their EDD cards containing their disability and unemployment benefits. [Stolden] seemed to think only of his own profits, trying to decide whether he should use his thefts to pay for a $13,000 hotel stay in Bora Bora, or if he should upgrade to a $20,000 stay in the Presidential Villa at the Conrad.”

Follow us on X, Facebook and Telegram

Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

Submit a Press Release

Industry Announcements

  • Hotstuff Labs launches Hotstuff, a DeFi native Layer 1 connecting On-Chain Trading with Global Fiat Rails
    December 5, 2025
  • LayerBank Secures $2.3M in Pre-Seed Funding Ahead of ULAB Token Launch on Movement Network
    December 5, 2025
  • iAero Protocol Launches Token Sweeper, Distributes 5% of LIQ Supply to Stakers
    December 4, 2025
  • TrueNorth Raises $3M to Build Domain-Specific AI for Finance
    December 4, 2025
  • Uphold Files Application to Offer Tokenized Securities and Partners with tZERO on Infrastructure Services
    December 4, 2025
  • COINPAYMENTS becomes Global Partner of Aston Martin Aramco Formula One Team
    December 4, 2025
  • I-ON Digital Corp. Deploys $200M in AUM Backed by In Situ Gold as Treasury Expands Its RWA Strategies
    December 4, 2025
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$89,417.96
$89,417.96
3.25%
Ethereum
$3,030.82
$3,030.82
3.86%
BNB
$885.40
$885.40
1.99%
Solana
$133.61
$133.61
4.26%
XRP
$2.04
$2.04
3.44%

Spotlight

  • Analyst Forecasts Major Solana Breakout in 2026, Updates Outlook on Bitcoin, Ethereum and BONK
    November 28, 2025
  • Tether CEO Paolo Ardoino Responds to S&P’s USDT Downgrade, Says Stablecoin Giant Takes It With Pride
    November 28, 2025
  • Millions of Americans Receiving Up To $11,875 Per Person After DNA Testing Firm Loses Control of Customers’ Sensitive Information
    November 28, 2025
  • $25,000 Drained From Woman’s Wells Fargo Bank Account After AT&T Breach: Report
    November 29, 2025
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Covering the future of finance, including macro, bitcoin, ethereum, crypto, and web 3.

Categories

Bitcoin • Ethereum • Trading •
Altcoins • Futuremash • Financeflux •
Blockchain • Regulators • Scams •
HodlX • Press Releases

 

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON X

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2025 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise

© 2025 The Daily Hodl