Florida Man Sentenced to prison for Defrauding Indiana Banks

A Florida man is going to prison for using fake driver’s licenses to withdraw thousands of dollars from Indiana banks.

Joseph Ferrigno, 50, of New Port, Florida, was found guilty of two counts of fraud in Johnson County and sentenced to six years in prison.

According to court records, Ferrigno regularly traveled to Indiana banks and credit unions with fake IDs in November 2024, withdrawing thousands of dollars from unsuspecting victims’ bank accounts.

Ferrigno took $3,5000 from someone’s account at a Plainfield branch. Another occasion, he went to two Forum Credit Unions in Indianapolis and stole $1,700 from a member’s account using a phony ID.

Ferrigno was eventually arrested after a Franklin credit union reported him for a fraud warning.

Ferrigno has been charged in Johnson, Hendricks, and Clinton counties for his fraudulent enterprise. He has been condemned to four years in Hendricks County, while his case in Clinton County is still pending.

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