Nevada Man Sentenced to Six Years for $8M Treasury Check Fraud Scheme

Kyle Eugene Duncan-Carle, a 41-year-old Nevada resident, has been sentenced to six years in federal prison for orchestrating a multimillion-dollar fraud operation involving stolen U.S. Treasury checks and identity theft. Over a nine-month period in 2023, Duncan-Carle intercepted checks intended for individuals and businesses, impersonated recipients, and deposited the funds into fraudulent credit union accounts before withdrawing the money.

The scheme resulted in nearly $8 million in stolen checks, with an estimated $3.49 million in unrecovered losses affecting the federal government, financial institutions, and an insurance company. Following his prison term, Duncan-Carle will face five years of supervised release and has been ordered to repay restitution to victims.

Authorities arrested Duncan-Carle in Lyon County, Nevada, last year on charges including bank fraud, identity theft, and receiving stolen government property—all of which he later pleaded guilty to.