Like other criminal minds, it seems a teen fraudster in Georgia believes he’s found the “shortcut” in life, even buying a Porsche. But as is often the case, the kid’s schemes came back to bite him and he’s now facing serious consequences for his misdeeds.
Acura has pulled a fast one on car owners.
According to a report, 19-year-old William Chadwick Jones’ fraud method of choice is checks. The teenager is accused of opening a business checking account, then using it to deposit fake checks.
In fact, the guy seemed to think nobody would take note as he racked up over $500,000 in the fraudulent deposits, all via the mobile banking app.
We’re not sure how, but the checks apparently cleared or the bank somehow put the money in the business account. Jones allegedly transferred the ill-gotten funds quickly using Zelle, wire transfers, and other methods.
Not only did the kid buy a Porsche (the model isn’t specified in a WSB-TV report) he also used some of the fraud money to retain a criminal attorney for his defense in a previous fraud case. We couldn’t make this stuff up.
When police caught up with Jones, they found him behind the wheel of the Porsche he bought with allegedly fraudulent funds. At least he didn’t run from officers, although the car was probably quite capable of smoking the patrol cars.
We see cases fairly often of people getting a bunch of money fraudulently, then spending a good chunk of it on an expensive car, if not several. That kind of behavior is always a red flag to law enforcement as they investigate someone, but it’s as if these people just can’t help themselves.
What we would’ve given to be a fly on the wall when this teenager was arrested. Did he say anything about the Porsche? What will he use to justify its purchase in court?
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