A Wichita man was sentenced to 45 months in federal prison for using a stolen identity to take out a $43,000 car loan.
Jacob Michael Martin, 32, of Wichita, pleaded guilty to one count of bank fraud and one count of aggravated identity theft.
In his plea, Martin admitted he used another man’s identity when he went to CarMax and applied for a loan to buy a 2012 Jaguar. As a result, Wells Fargo Bank issued a loan of $43,599.47 in the victim’s name.
Martin presented a counterfeit Kansas driver’s license with his own picture and the name of the victim. He also gave the lender the victim’s Social Security number.
This is not Martin’s first brush with the law. He is one of 13 people charged in an indictment filed in May 2016 alleging the conspirators worked together to steal mail from mailboxes, forge identification documents, obtain fraudulent credit cards and shop with stolen identities.
U.S. Attorney Tom Beall commended the U.S. Postal Inspection Service, the Sedgwick County Sheriff’s Office, the Wichita Police Department, the Bureau of Alcohol, Tobacco, Firearms and Explosives and Assistant U.S. Attorney Alan Metzger for their work on the case.
Martin will serve 45 months in federal prison. The loan amount was $43,599.47 and the charges include bank fraud and aggravated identity theft. The sentencing took place on an unspecified date.
WICHITA, KAN. – Jacob Michael Martin, a 32-year-old man from Wichita, has been sentenced to 45 months in federal prison for using a stolen identity to take out a $43,000 car loan. The sentencing occurred in 2024.
Martin pleaded guilty to one count of bank fraud and one count of aggravated identity theft. In his plea, Martin admitted to using another man’s identity when he went to CarMax and applied for a loan to buy a 2012 Jaguar. As a result, Wells Fargo Bank issued a loan of $43,599.47 in the victim’s name. Martin presented a counterfeit Kansas driver’s license with his own picture and the name of the victim. He also gave the lender the victim’s Social Security number.
This case is a reminder of the importance of protecting personal identity and securing sensitive information. Martin’s actions not only caused financial harm to the victim but also compromised their personal identity. The public is encouraged to remain vigilant and report any suspicious activity to the authorities.
The Wichita man was sentenced to 45 months in federal prison for his crimes. The loan amount was $43,599.47 and the charges include bank fraud and aggravated identity theft. The case is a warning to those who would seek to exploit the system and compromise the personal identity of others.
Key Facts
- State: Kansas
- Category: Fraud & Financial Crimes
- Source: DOJ Press Release â†â€â€
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