Eighteen people have been accused of stealing more than $1 million from hundreds of bank accounts belonging to New York City churches, hospitals, schools and agencies including the police department.

Manhattan District Attorney Robert Morgenthau says the defendants targeted nearly every major bank with a retail presence in the city and took money from 350 checking accounts.

A 227-count indictment alleges the identity theft scheme involved the use of specialized software, printers and magnetic ink to manufacture thousands of counterfeit checks. At least three former bank tellers are suspects.

Those arrested are accused of drawing money from accounts belonging to organizations such as Madison Square Garden and Mount Sinai School of Medicine. They've been charged with conspiracy and scheme to defraud.