Identity theft: More than $3 million spent in 3 months
James Hartman stole Ed Hartman's identity with his social security number and a photocopy of his driver's license. James says his brother approved of all the purchases. Ed says he knew nothing of it until someone called him because they were suspicious of the copy of the driver's license, being used to purchase another toy.
What a wonderful way to honor and love one's family. I've often theorized that family members steal more from their kin than they would from complete strangers. I don't know why, but it's sick. (Yes, this post is dedicated to my "Uncle Louie".)
Tracy L. Coenen, CPA, MBA, CFE performs fraud examinations and financial investigations for her company Sequence Inc. Forensic Accounting, and is the author of Essentials of Corporate Fraud.