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MN: Stolen mortgage info led to spree

Posted on January 30, 2010 by Dissent

James Walsh reports:

Jason Alan Tauer worked for Ameriquest Mortgage Company as a mortgage associate for only six weeks.

Turned out to be a pretty fruitful month and a half for Tauer — and a pretty costly one to nearly 100 people and several financial institutions. Using personal information he lifted from the mortgage applications of nearly 100 people — as well as mail and even items taken from gym lockers of a couple of hundred more — Tauer eventually stole more than $150,000 from at least eight banks.

On Friday, the 32-year-old Robbinsdale man pleaded guilty in federal court to bank fraud, access device fraud and aggravated identify theft. U.S. District Judge David Doty will sentence Tauer at a later date.

Read more in the Star Tribune.

Category: Financial SectorID TheftInsiderU.S.

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