Thomas Richard Pham

On December 10, 2025, Golden Valley Police Officers responded to a report of several checks being fraudulently cashed at Trustone Financial, [ADDRESS REDACTED] North, Golden Valley, Hennepin County. The reporting party, A. B., a Fraud Risk Liaison for Trustone Financial, stated that on December 1, 2025, she received an alert regarding THOMAS RICHARD PHAM, Defendant herein, depositing fraudulent checks on November 29, 2025, on surveillance. The Defendant took eight separate checks of his under "Phamtastic 7, LLC" at Huntington Bank, wrote them out for large sums of money and deposited them into two LLC accounts that belong to H. P. The Defendant's name is not on either of those two LLC accounts however each of the eight checks were signed by H. P. So he was able to deposit them into H. P.'s account.

The Defendant cashed and withdrew the following: On November 29, 2025, the Defendant deposited a check for $5,600 and $12,000 into the "CC RD LLC" account at the Golden Valley Trustone location. No hold was placed onto either check. The Defendant then withdrew $11,500 out of the "CC RD LLC" account and $12,000 from H. P.'s "The Golden Door" account. On December 1, 2025, the Defendant completed an electronic transfer of $86.00 and $6,011.44 from the "CC RD LLC" account to his Huntington Bank account.

Also on December 1, 2025, the Defendant deposited a check for $5,200 into the "CC RD LLC" account at the Golden Valley Trustone location. No hold was placed on this check. The Defendant then deposits a check for $11,500 and $5,200 into the "The Golden Door" account at the Golden Valley Trustone location. No hold was placed on either of these checks. The Defendant then withdrew $5,400 from the "The Golden Door" account at the Golden Valley Trustone location. The Defendant then travels to the Lyn-Lake Trustone financial branch on December 1, 2025, and deposited a check for $3,800 into the "CC RD LLC" account.

A 7-day hold is placed on the check. The Defendant then deposited a $4,500 check into the "The Golden Door" account. A 7-day hold is placed on the check. The Defendant then withdrew $5,000 from the "CC RD LLC" account and $6,000 from the "The Golden Door" account. Both of these withdrawals were available from funds that were deposited earlier in the day at the Golden Valley location that did not have holds placed on them. The Defendant then traveled to the Maple Grove Trustone location where he deposited $3,700 into the "The Golden Door" account.

A 7-day hold was placed on this check. The Defendant then deposited a $3,000 check into the "CC RD LLC" account. A 7-day hold was placed on this check. The Defendant then withdrew $1,000 from the "CC RD LLC" account that had available funds from the earlier in the day deposits at the Golden Valley location. Trustone Financials' total loss in the "CC RD LLC" account is $13,048.63 and the total loss to the "The Golden Door" account is $10,933.07. The total loss for Trustone Financial between both accounts is $23,981. 3 27-CR-26-8492 Filed in District Court State of Minnesota 4/6/2026 Trustone has a separate investigation for a similar incident from earlier in the year of 2025 regarding the Defendant.