ST. GEORGE — A Nevada man accused of stealing millions in treasury checks and defrauding banks in several states, including Utah, now faces federal charges, according to recently unsealed court documents.
The defendant, Kyle Eugene Duncan-Carle, 40, of Las Vegas, Nevada, was indicted by a Utah federal grand jury for allegedly obtaining more than $7 million in U.S. Treasury checks and depositing them at credit unions in Utah, as well as two other states.
Following his arrest last month, Duncan-Carle has been charged with bank fraud, aggravated identity theft and receipt of stolen government property, according to an indictment signed by Assistant U.S. Attorney Stephen P. Dent out of the St. George field office.
Federal prosecutors allege that Duncan-Carle carried out a scheme to defraud multiple credit unions, including branches in Utah, from January 2023 through September 2023. The indictment also alleges the defendant defrauded a number of credit unions in Nevada and Washington State and attempted to open a fraudulent account in Idaho.
The defendant reportedly obtained stolen U.S. Treasury checks made out to individuals and companies and assumed the identity of the individuals whose names were on the checks.
He then opened several credit union accounts using counterfeit ID cards and other documents in the individual’s names without their knowledge or consent, federal prosecutors allege.
He also registered fraudulent businesses with the state and then opened new business accounts using others’ names. Once the accounts were opened, he deposited the checks and then withdrew the funds.
In one instance, Duncan-Carle used one stolen identity and opened a credit union account in Utah and then deposited a check for more than $821,300, according to court documents.
The defendant took at least six stolen treasury checks totaling more than $7 million, U.S. Attorney Trina A. Higgins of the District of Utah said in a recent statement.
Duncan-Carle was arrested last month in Lyon County, Nevada, and while the indictment was filed in Utah, he made an initial court appearance in federal court in Nevada. On April 30, U.S. Magistrate Judge Craig S. Denney signed a commitment order to transfer the defendant to Utah to appear in District Court in St. George.
The case is being investigated by the IRS’s criminal investigations branch, the IRS Treasury Inspector General for Tax Administration and the FBI Salt Lake City Field Office.
Assistant United States Attorneys Stephen P. Dent and Luisa Gough of the U.S. Attorney’s Office are prosecuting the case. A court date has yet to be scheduled in Utah.
This report is based on statements from court records, police or other responders and may not contain the full scope of findings. Persons arrested or charged are presumed innocent until found guilty in a court of law or as otherwise decided by a trier-of-fact.
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