Man accused of stealing $120,000 from banks

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A federal grand jury in Indianapolis has indicted Indianapolis resident James Moore, 27, accusing him of defrauding various banks out of $120,000.

Moore obtained the money in cash payments after giving banks false information about the amount of money he had on deposit on various prepaid debit cards, U.S. Attorney Tim Morrison said in a statement.

For example, in July 2007, Moore allegedly told workers at the JPMorgan Chase Bank on Michigan Road north of 86th Street that he had enough money on his debit cards to cover a $7,000 cash payment.

If found guilty, Moore could face 30 years in prison and a $1 million fine.

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