In a strange case, a thief’s fraud came to light. The thief stole the identity of a comatose man in Texas and used it to fraudulently withdraw a lot of money from the bank and pay off the loans on several of his vehicles. When the family members of the victim came to know that the bank had evicted him from his accounts, when the truth was revealed after getting the investigation done. The bank also took this step when the thief was trying to take money again to repay the house loan.
The thief who committed the fraud has been sentenced to 25 years. According to Click Orlando, 40-year-old Donald Wood from Florida, USA, stole the identity of a comatose man in 2021 and used his personal information to take out loans for multiple vehicles.
“Donald Wood hacked our victim’s bank account and attempted to refinance his home with this fraudulently obtained information,” the release reads. Investigators say suspicions arose in 2021 when They learned that the family of the man who was in an unidentified coma had been wired out of their bank account and had received bills from “several financial institutions”, including a fake hospital bill of around Rs 2.5 lakh.
Donald Wood had stolen the identities of many people across America and embezzled millions in this manner. (Photo courtesy: Volusia County Jail)
The release further said that Wood and his associates applied for a loan in the name of the victim for an amount of Rs 63 lakh. They were able to trace these incidents and locate several other victims across the country. Wood was arrested in April 2022, before additional investigations could be launched against him and his associates.
Wood was convicted last week of orchestrating a scheme to defraud more than $4.2 million, 14 counts of fraudulent personal identification, mortgage fraud and tampering with proceedings in the second degree, a felony.
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FIRST PUBLISHED: October 1, 2024, 19:35 IST