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New York man sentenced for bank fraud conspiracy following Homeland Security Task Force investigation

 

Date: Aug. 24, 2026

Contact: newsroom@ci.irs.gov

Bangor, ME – A New York man was sentenced today in U.S. District Court in Bangor for conspiring to commit bank fraud.

U.S. District Judge John A. Woodcock, Jr. sentenced Yongliang Deng to time-served (approximately one day) in prison to be followed by five years of supervised release. Deng was also ordered to pay restitution. Deng pleaded guilty on Jan. 21, 2026.

According to court records, Deng provided his personal information and government-issued identification documentation to a co-defendant, who used Deng’s information to apply for and obtain a residential mortgage loan from a Maine bank to buy a residence in Eddington. Deng obtained the mortgage by misrepresenting that he would occupy and use the property as his primary residence. During an interview with federal agents, Deng admitted that the Eddington property was an investment property that had been rented out, and that he had never resided there. The property was instead used to illegally cultivate marijuana.

Neither Deng nor any property associated with the conspiracy was licensed through the Maine Office of Cannabis Policy.

IRS-Criminal Investigation (IRS-CI), the FBI, U.S. Drug Enforcement Administration (DEA), and Homeland Security Investigations (HSI) investigated the case, with assistance provided by the Penobscot County Sheriff’s Office and the Maine Fire Marshal’s Office.

This prosecution is part of the Homeland Security Task Force (HSTF) initiative established by Executive Order 14159, Protecting the American People Against Invasion. The HSTF is a whole-of-government partnership dedicated to eliminating criminal cartels, foreign gangs, transnational criminal organizations, and human smuggling and trafficking rings operating in the United States and abroad. Through historic interagency collaboration, the HSTF directs the full might of United States law enforcement towards identifying, investigating, and prosecuting the full spectrum of crimes committed by these organizations, which have long fueled violence and instability within our borders. In performing this work, the HSTF places special emphasis on investigating and prosecuting those engaged in child trafficking or other crimes involving children. The HSTF further utilizes all available tools to prosecute and remove the most violent criminal aliens from the United States. The Maine HSTF comprises agents and officers from FBI; HSI; DEA; IRS-Criminal Investigation; U.S. Marshals Service; Bureau of Alcohol, Tobacco, Firearms and Explosives; Diplomatic Security Service; U.S. Customs and Border Protection; U.S. Border Patrol; Coast Guard Investigative Service; and Transportation Security Administration, with the prosecution being led by the United States Attorney’s Office for the District of Maine.

IRS-CI is the law enforcement arm of the IRS, responsible for conducting financial crime investigations, including tax fraud, narcotics trafficking, money laundering, public corruption, healthcare fraud, identity theft and more. It is the only federal law enforcement agency with investigative jurisdiction over violations of the Internal Revenue Code. IRS-CI has 16 field offices located across the U.S. and maintains an international presence through attaché posts abroad.