An Everett man pleaded guilty last week to conspiracy to bank fraud conspiracy and money laundering.
Gean Fabio DaSilva allegedly deposited worthless checks into accounts opened in fictitious names and then withdrawing funds before the banks realized the deposits were worthless. In July 2012, he allegedly used illegally obtained funds to purchase, at least in part, a cashier’s check used to buy real estate in Everett.
The maximum sentence under the bank fraud conspiracy statute is 30 years in prison, followed by up to five years of supervised release and a fine of up to $1 million. The maximum sentence under the money laundering statute is 10 years in prison, up to three years of supervised release and a fine of up to $250,000. Actual sentences for federal crimes are typically less than the maximum penalties.
DaSilva is scheduled for sentencing on Jan. 13.





