Wisconsin Man Utilizes Fraudulent Funds To Purchase Local Vehicles
A Wisconsin man is currently charged with numerous fraud, corruption and theft charges after utilizing fake checks and funds to procure multiple goods, including several vehicles, from local businesses.
Delorion L. Vance, of Milwaukee, Wis., is charged with two counts of fraud on a financial institution, a level 5 felony; two counts of check fraud, a level 6 felony; auto theft, a level 6 felony; corrupt business influence, a level 5 felony; and two counts of theft, a level 6 felony.
According to an affidavit filed with the Kosciusko County Prosecutor’s Office on Feb. 25, a local dealership reported on Jan. 14, Vance utilized a visa credit card to purchase a 2007 Cadillac Escalade, valued at $22,471. The Visa confirmation number utilized by Vance was approved by the bank servicing the dealership.
The money paid was in the dealership’s account on Jan. 20, however on Jan. 25, the bank informed the dealership that the money had been removed from the account after Vance had reported the charge was fraudulent.
The dealership was notified later by a St. Joseph County Indiana Sheriff’s deputy that Vance was driving a 2007 Cadillac with the dealership’s sticker on it. The deputy then explained to the dealership that Vance was utilizing a credit card scheme. The deputy also advised he was working on several credit card fraud cases involving Vance, who reportedly utilized a prepaid visa to purchase vehicles. The sale is initially denied, however, by utilizing a force sale option and fake confirmation number. When the billing cycle ends, Visa then removes the money from the dealership’s account due to insufficient funds to cover the sale.
This was not the only fraudulent endeavor by Vance in Kosciusko County. On April 6, a second dealership reported on Jan. 16, Vance utilized a Visa debit card to purchase a 2007 Pontiac Grand Prix G. As explained by police, the card was declined. However, during this transaction, Vance had the dealership speak on the phone with a fictitious debit card company employee. The “employee” walked the dealership through the override procedure which allowed the transaction to be approved.
Two days later, the dealership’s bank contacted the business to notify the transaction was fraudulent and the amount for the car, $18,866.51, had been removed from the account.