Five people have been charged with running a short-livedconspiracy ring of bank fraud and identity theft that stole nearly$90,000 over three months from member accounts at the $54 billionNavy Federal Credit Union in Vienna, Va.

Federal prosecutors in Norfolk, Va., have indicted Donte L.Battin, Ted Joe Armstead, Dymond Chappelle, Camron B. Witkowski andCameron M. Allen on multiple counts of conspiracy, bank fraud andaggravated identity theft.

From January to March, 2013, the ring of five conspiratorsallegedly obtained the personal information – Social Securitynumbers, date of birth and credit union account information – fromlease applications filled out by NFCU members at the North ShoreGarden Apartments in Norfolk, Va., according to courtdocuments.

The members had no way of knowing that the information would beused illegitimately, federal prosecutors said.

The fraudulent scheme involved at least 20 different memberaccounts, court documents reveal.

Federal prosecutors allege the conspirators used the leaseagreements to identify individuals with Navy Federal accounts. The conspirators would then impersonateand assume the identity of those account holders over the phone orInternet to steal funds.

What's more, the conspirators recruited individuals who had NavyFederal accounts to serve as “hosts” for fund transfers,authorities said.

The conspirators would steal money from the victim's account,cash advances or loan proceeds from fraudulent loan applicationsand transfer those funds to a host account, according to courtdocuments.

The hosts would agree to accept the cash transfers, withdraw thefunds and hand over the money to conspirators.

“After obtaining such monies, the conspirators sometimes gavethe host a portion of the money for assisting in the transaction,”the indictment states.

Four of the five conspirators have been arrested. On Thursday,federal authorities detained Battin, Allen and Witkowski who wereawaiting hearings in U.S. District Court in Norfolk. Chappelle hasbeen released on a $5,000 bond. Armstead is still at large,according to court documents.