Peter Amondo Anderson, also known as “Nacho,” has pleaded guilty in U.S. District Court to charges of conspiracy to commit bank fraud and aggravated identity theft. The announcement was made by Acting U.S. Attorney Joseph H. Thompson. Anderson, 24, is the second person to plead guilty among four individuals indicted in May 2025 for a scheme connected to the Lows, a Minneapolis-based street gang.
“The murderous Lows gang has ravaged the North Side with its violence while using fraud to fuel its crimes. No more,” said Acting U.S. Attorney Joseph H. Thompson. “We are good at prosecuting fraud and will continue to use every federal tool at our disposal to dismantle these violent street gangs.”
According to court documents, from April 2019 through January 2024, Anderson and his co-defendants created fraudulent checks and deposited them into various accounts before withdrawing the proceeds. The group recruited so-called “money mules” via social media—individuals who allowed their bank accounts to be used for depositing false checks.
While some account holders willingly provided their banking information, Anderson and others also obtained personal and financial data through deceptive means. In one instance in August 2024, they stole the banking information of a 65-year-old North Carolina resident and used it to steal about $39,000.
Authorities say that at least 28 fraudulent checks were deposited during the scheme, with nearly $220,000 attempted withdrawals.
Anderson entered his plea before Judge Kate M. Menendez; another defendant in the case, Faysal Mohamed (“G Money”), pleaded guilty on August 5, 2025. Sentencing dates for both are pending.
A separate RICO indictment against members of the Lows gang remains ongoing in federal court. Fourteen individuals face charges including racketeering conspiracy involving murder, attempted murder, gun trafficking, drug trafficking, and firearm offenses resulting in death.
“Anderson and his co-conspirators executed an extensive fraud scheme to exploit victims’ financial information for their own profit and to fund the Lows campaign of violence and terror against the Minneapolis community,” said Special Agent in Charge Alvin M. Winston Sr., FBI Minneapolis. “This years-long conspiracy would have resulted in hundreds of thousands of dollars fueling Low’s criminal activity. The FBI and our federal, state, and local partners will continue to seek out and stop all gang-related fraud, violence, and crime that threatens the safety of our streets.”
The investigation involved several agencies: Federal Bureau of Investigation; Minneapolis Police Department; Internal Revenue Service – Criminal Investigations; United States Postal Inspection Service; and Minnesota Department of Corrections.
Assistant U.S. Attorneys Garrett S. Fields and David M. Classen for the District of Minnesota as well as Trial Attorney Jared Engelking from the Criminal Division’s Violent Crime and Racketeering Section are prosecuting these cases.
An indictment is considered an allegation until guilt is proven beyond a reasonable doubt in court.
