Teen allegedly had elaborate scheme to scam $20 million from Georgia
NEWS VIDEOS (can't embed):
https://www.ajc.com/news/crime--law...-million-from-georgia/Q4XtjF3Tm2QeRbd0FMt7DN/
https://www.wsbtv.com/news/local/so...ate-out-of-20m-with-online-business/884630369
SOUTH FULTON COUNTY, Ga. - UPDATE: The city of South Fulton confirmed suspicion of more local bank fraud in the investigation into Charles Turner, 18. Officials said Turner had completed fraudulent transactions that ranged from $14,000 to $28 million, telling Channel 2 Action News there's a total of $28 million sitting in the U.S. Treasury.
He was expecting a large check to be delivered Thursday morning at his home in South Fulton. But instead, 18-year-old Charles Turner was arrested, accused of trying to scam Georgia out of more than $20 million in phony tax returns, according to police.
Turner allegedly used an online gaming and electronics business to steal bank account information. Then, according to the Georgia Department of Revenue, Turner created a scheme where he overpaid taxes in hopes of reaping big refunds.
“He told us that he was using a website that would collect payment information and that he was able to get the routing and account and banking information from that website and then use that information to make payments to us, along with his car payment and other payments, as well,” Josh Waites, an investigator with the Department of Revenue, told Channel 2 Action News.
Turner’s business, called Riverdale X, was designed to sell Amazon products for a fee. But instead, Turner accessed customers’ bank accounts, Waites said.
“He actually set up a business, set up withholding accounts and sales tax accounts, and was overpaying by more than $25 million onto those accounts, and then requesting refunds for those same amounts to be returned back to him in his personal checking account,” Waites said.
Charles Turner, 18, was arrested Thursday at his South Fulton home. He’s accused of running an online business that stole bank account information. Channel 2 Action News
Last month, a warrant was issued for Turner out of Henry County after he managed to cash an $18,000 fraudulent check at a SunTrust Bank. In January, he was charged with financial fraud in a separate case in Fulton County, records showed.
Then about three weeks ago, Waites said investigators began to notice a pattern in how much money Turner was paying the state on a daily basis, and how much was being reversed because of fraudulent accounts and insufficient funds.
» RELATED: 2 facing ID theft, other charges after mail reported stolen
This week, Turner unknowingly communicated with an investigator posing as a state account manager via e-mail. He told the investigator he was in the United Kingdom, but his accountant would be able to sign for a state return at his business address, Channel 2 reported.
Instead, state investigators arrived at his home, and Turner was there with his mother and brother. Neither Turner nor his mother would speak to a reporter as agents made the arrest.
But his brother told Channel 2 the family was unaware of the allegations.
“I mean, didn’t no money come in here,” Terio Williams said. “I mean I didn’t get none.”
***[OP NOTE: WATCH THE NEWS VIDEO!
]***
A tow truck was at the home Thursday morning to retrieve a vehicle Turner allegedly paid for with a bad check.
» RELATED: Police say identity theft ‘victim’ may have been part of elaborate scheme
Waites said the ongoing state investigation will focus on how many potential online victims were compromised doing business with Turner, as well as his alleged attempts to access state funds.
“Unfortunately, in the past we’ve seen people younger than him, from all walks of life, just not to this extent,” Waites said. “We did not lose any money in this scheme, which is a testament to the hard work of the people in the department.”
NEWS VIDEOS (can't embed):
https://www.ajc.com/news/crime--law...-million-from-georgia/Q4XtjF3Tm2QeRbd0FMt7DN/
https://www.wsbtv.com/news/local/so...ate-out-of-20m-with-online-business/884630369
SOUTH FULTON COUNTY, Ga. - UPDATE: The city of South Fulton confirmed suspicion of more local bank fraud in the investigation into Charles Turner, 18. Officials said Turner had completed fraudulent transactions that ranged from $14,000 to $28 million, telling Channel 2 Action News there's a total of $28 million sitting in the U.S. Treasury.
He was expecting a large check to be delivered Thursday morning at his home in South Fulton. But instead, 18-year-old Charles Turner was arrested, accused of trying to scam Georgia out of more than $20 million in phony tax returns, according to police.
Turner allegedly used an online gaming and electronics business to steal bank account information. Then, according to the Georgia Department of Revenue, Turner created a scheme where he overpaid taxes in hopes of reaping big refunds.
“He told us that he was using a website that would collect payment information and that he was able to get the routing and account and banking information from that website and then use that information to make payments to us, along with his car payment and other payments, as well,” Josh Waites, an investigator with the Department of Revenue, told Channel 2 Action News.
Turner’s business, called Riverdale X, was designed to sell Amazon products for a fee. But instead, Turner accessed customers’ bank accounts, Waites said.
“He actually set up a business, set up withholding accounts and sales tax accounts, and was overpaying by more than $25 million onto those accounts, and then requesting refunds for those same amounts to be returned back to him in his personal checking account,” Waites said.
Charles Turner, 18, was arrested Thursday at his South Fulton home. He’s accused of running an online business that stole bank account information. Channel 2 Action News
Last month, a warrant was issued for Turner out of Henry County after he managed to cash an $18,000 fraudulent check at a SunTrust Bank. In January, he was charged with financial fraud in a separate case in Fulton County, records showed.
Then about three weeks ago, Waites said investigators began to notice a pattern in how much money Turner was paying the state on a daily basis, and how much was being reversed because of fraudulent accounts and insufficient funds.
» RELATED: 2 facing ID theft, other charges after mail reported stolen
This week, Turner unknowingly communicated with an investigator posing as a state account manager via e-mail. He told the investigator he was in the United Kingdom, but his accountant would be able to sign for a state return at his business address, Channel 2 reported.
Instead, state investigators arrived at his home, and Turner was there with his mother and brother. Neither Turner nor his mother would speak to a reporter as agents made the arrest.
But his brother told Channel 2 the family was unaware of the allegations.
“I mean, didn’t no money come in here,” Terio Williams said. “I mean I didn’t get none.”
***[OP NOTE: WATCH THE NEWS VIDEO!
]***A tow truck was at the home Thursday morning to retrieve a vehicle Turner allegedly paid for with a bad check.
» RELATED: Police say identity theft ‘victim’ may have been part of elaborate scheme
Waites said the ongoing state investigation will focus on how many potential online victims were compromised doing business with Turner, as well as his alleged attempts to access state funds.
“Unfortunately, in the past we’ve seen people younger than him, from all walks of life, just not to this extent,” Waites said. “We did not lose any money in this scheme, which is a testament to the hard work of the people in the department.”
lesson learned he'll do better next time.
