Kaufman & Forman, P.C.
Call to arrange a consultation
678-957-7769 | 770-390-9200
Contact Us
practice areas

Atlanta woman revitalizes inactive companies in fraud scheme

Fraudulent crimes involving corporate identity theft are uncommon, and are not a feasible venture by the at-fault party. Eventually their endeavors will be uncovered, either by the company itself or by law enforcement. Having the proper security measures for your business and implementing the necessary protocols will protect your interests, as well as the assets of your organization.

A woman from just outside Atlanta, Georgia attempted such a crime in 2008 - during a probationary period for a previous federal fraud crime - and was recently sentenced to a decade-long stint in prison.

The woman's scheme was to bring defunct companies back from the dead, applying to the Georgia Secretary of State that the companies were active and that she was a leading executive at the company. In addition, she opened checking accounts and email addresses in the defunct companies' names, giving the appearance of a lively organization.

It was all a ruse, as the woman secured more than $1 million in loans and lines of credit earned through these invalid companies during her two-year scheme.

The woman was convicted in 2004 of federal fraud, landing her in prison until the end of 2006. After her release she was placed on probation and in an effort to deflect attention away from her new fraudulent plan, she gave her probation officer falsified her address and her employment situation.

While these cases are uncommon, there are people out there willing to risk their futures in an attempt to deceive and defraud companies of their hard-earned money. If this happens, bringing in a legal representative can help you collect any lost earnings and consult with you to establish improved security measures for your business.

Source: Atlanta Business Chronicle, "Metro woman gets prison time for corporate ID theft," Amy Wenk, Feb. 28, 2012

No Comments

Leave a comment
Comment Information

Contact Kaufman & Forman, P.C. Now

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

get Legal Help Now

Kaufman & Forman, P.C.
8215 Roswell Road
Building 800
Atlanta, GA 30350

Toll Free: 800-461-5864
Phone: 678-957-7769
Fax: 770-395-6720
Atlanta Law Office Map

Review Us

Robert Kaufman has been selected as a 2013 Top Rated Lawyer in ‘Commercial Litigation’ as will be published in the May issue of The American Lawyer & Corporate Counsel magazine.Alex Kaufman has been selected as a 2013 Top Rated Lawyer in ‘Commercial Litigation’ as will be published in the December issue of The American Lawyer & Corporate Counsel magazine.

*AV Preeminent and BV Distinguished are certification marks of Reed Elsevier Properties Inc., used in accordance with the Martindale-Hubbell certification procedures, standards and policies. Martindale-Hubbell is the facilitator of a peer review rating process. Ratings reflect the confidential opinions of members of the bar and the judiciary. Martindale-Hubbell ratings fall into two categories: legal ability and general ethical standards.