Feds arrest South Florida rapper Bankroll aboard private jet for $7.9M fraud scheme, officials say

Key Points:

• South Florida hip-hop artist Bankroll, real name David Edmond, was arrested aboard a private jet in Miami while attempting to fly to Sint Maarten, facing federal charges related to a nearly $8 million tax refund fraud scheme.
• Edmond allegedly used a fake company to access an online database to harvest Social Security numbers, submitting about 450 fraudulent federal tax returns totaling approximately $7.9 million in refunds.
• Evidence linking Edmond to the scheme includes social media posts, email accounts, IP addresses, and data found on his cellphones during a border search, which contained images of personal identification documents.
• Edmond has prior federal convictions for identity theft from 2015 and faces up to five years in prison if convicted of the current false claims charge; he remains in custody with multiple travel and internet restrictions imposed by the court.
• The court set personal surety bonds totaling $600,000, with conditions including proving the legitimacy of funds for part of the bond and prohibiting Edmond from accessing tax-related websites or leaving the Southern District of Florida.