South Carolina Man Indicted For Fraudulently Obtaining Millions From Delaware State Child Support Services Bank Account

Orlando, Florida - United States Attorney Roger B. Handberg announces the unsealing of an indictment charging Brandon Lamont Swain (53, Columbia, SC) with eight counts of bank fraud. If convicted, Swain faces a maximum penalty of 30 years in federal prison on each count.

According to the indictment, Swain fraudulently obtained millions of dollars from the State of Delaware, Division of Child Support Services (DCSS), Positive Pay bank account. The State of Delaware used the DCSS account to distribute child support payments to custodial parents.

In connection with the scheme, Swain caused more than $2.7 million to be transferred from the DCSS account to various businesses and financial institutions, for his personal gain. For example, Swain used the DCSS account to purchase over $2 million in timeshare interests in resort properties in Orlando and elsewhere.

An indictment is merely a formal charge that a defendant has committed one or more violations of federal criminal law, and every defendant is presumed innocent unless, and until, proven guilty.