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    HomeBreakingBillionaire-Impersonating Prisoner Executes Historical Heist from Behind Bars - Report

    Billionaire-Impersonating Prisoner Executes Historical Heist from Behind Bars – Report

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    A recent report claims that an inmate from Georgia successfully committed a $11 million theft while incarcerated.

    According to Fox News, Arthur Lee Cofield Jr. is accused of orchestrating one of the biggest heists ever carried out from a prison in the United States by utilizing illegal cell phones to defraud California millionaire Sidney Kimmel.

    According to The Atlanta Journal-Constitution, Cofield has also targeted other people.

    Federal prosecutor Scott McAfee stated at a bond hearing in December 2020 that “Mr. Cofield has figured out a way to access accounts belonging to high net worth individuals, frankly billionaires, located across the country,”

    Then, according to McAfee, Cofield had access to Nicole Wertheim’s account, the wife of Florida billionaire Herbert Wertheim.

    The alleged theft of $2.25 million could not be verified.

    According to the claims, the stolen money in both instances was changed into gold coins.

    When Cofield was charged with the scam in December 2020, U.S. Attorney Byung J. Pak stated in a news release that “Some prisoners aren’t interested in rehabilitation or paying their debt to society,”

    “The allure of millions of dollars in gold, coupled with contraband prison cellphones, allegedly was enough for Cofield to commit a brazen million-dollar fraud scheme from the confines of his prison cell,” the author claimed.

    According to the Journal-Constitution article, Kimmel’s Charles Schwab account received $11 million that was used to buy 6,106 American Eagle one-ounce gold coins from a business in Idaho.

    After that, some of the coins were used to purchase a $4.4 million home in Atlanta.

    Cofield had been inside a Special Management Unit at the time of the event.

    The Journal-Constitution revealed a tip on the con’s operation.

    “Cofield called Schwab as Kimmel to open a new checking account using TextNow, an app that made it appear as if he was calling from a Los Angeles area code. Told he needed a form of ID and a utility bill, he came up with a photo of Kimmel’s driver’s license and a copy of his Los Angeles water bill,”  the source said.

    Cofield conducted the real estate transaction while inside the home, using his phone, while his sistants delivered cash to anyone who required it to complete the transaction.

    More on this story via The Western Journal:

    “The whole thing was weird,” said Scott West, the architect who designed the house and spoke to Cofield, who was using the name “Archie Lee” for the  deal… CONTINUE READING…

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