- Associated Press - Monday, May 19, 2014

TRENTON, N.J. (AP) - New Jersey authorities say a New York City man who led an elaborate bank fraud scheme has been sentenced to 15 years in state prison.

Acting Attorney General John Hoffman says the scheme orchestrated by 35-year-old Nurlin Wright of Brooklyn involved impersonating holders of legitimate business bank accounts. That allowed scheme participants to steal more than $500,000 from the accounts, withdrawing most of the funds at casinos in Atlantic City.

Wright had pleaded guilty in January to racketeering and conspiracy charges.

Twenty-three people overall were named in an indictment handed up last summer.

Authorities say the defendants targeted business accounts at JP Morgan Chase Bank, stealing more than $565,000 between February and September 2011 and again between May and August 2012.

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