A Reno man made his initial appearance in federal court for allegedly engaging in a $3.5 million fraud scheme involving more than 8,000 fraudulent PayPal credit accounts, bank accounts, and prepaid credit and debit card accounts he created with stolen identities. 46-year-old Kenneth Gilbert Gibson was indicted on ten counts of wire fraud; three counts of mail fraud; ten counts of bank fraud; six counts of access device fraud; and six counts of aggravated identity theft.