Illinois Man Sentenced for Fraud and Aggravated Identity Theft

Friday, March 9, 2012
Office Affiliation: 
Chad Vincent Iacona, 44, of Troy, IL, was sentenced in United States District Court, East St. Louis, on March 8, 2012, for one count of Fraud in Connection with an Access Device and one count of Aggravated Identity Theft, the United States Attorney for the Southern District of Illinois, Stephen R. Wigginton, announced today.
Iacona was found guilty on December 2, 2011, by a jury’s verdict following a four day trial. Iacona received a sentence of 3 years and 3 months in prison and a term of 3 years’ supervised release. He was ordered to pay restitution of more than $75,000 and a special assessment of $200. Iacona, who purchased D&L Investigations, Inc., on May 1, 2005, used the name and social security number of the former owner to apply for, obtain, and use, without her authorization, revolving credit accounts, leaving an unpaid balance of more than $75,000.
The investigation was conducted by the United States Postal Inspection Service with assistance from the Social Security Administration Office of the Inspector General. The case was prosecuted by Assistant United States Attorney Michael J. Quinley and Special Assistant United States Attorney Katherine L. Lewis.