May 30, 2025

Trucking company owner accused of $421,000 fake check deposit

Steve Smith

Trucking company owner accused of $421,000 fake check deposit

A Pennsylvania trucking company owner is facing a federal bank fraud charge after allegedly depositing a fake U.S. Treasury check for over $421,000 into his business account last summer.

The details: Prosecutors say Rashu D. Powell, 51, put the counterfeit $421,502.10 check into the account of R&D 2020 Trucking LLC, a company he owns, back in July 2024.

The indictment was handed down on May 28, 2025.
If convicted, Powell could get up to 30 years behind bars, plus possible supervised release and fines, according to the U.S. Department of Justice.
The U.S. Secret Service and West Manchester Township Police are involved in the investigation.

Powell has been charged with one count of bank fraud. No sentencing date has been announced yet.

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