Federal prosecutors say a man has pleaded guilty in an identity theft ring that ensnared Federal Reserve Chairman Ben Bernanke as a victim.

Forty-nine-year-old Leonardo Darnell Zanders of Dolton, Illinois, entered the guilty plea on September 21 after several witnesses testified at his trial.

According to testimony and court documents, Zanders directed a nationwide fraud scheme to steal from people and financial institutions.

At trial, co-defendant Darrell Earl Price testified that Zanders gave him checks in the name of Ben and Anna Bernanke, and Price used those checks in the scheme.

Zanders will be sentenced on December 18.