Financial Advisor Steals Customer's Identities

5:33 PM, May 14, 2013   |    comments
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Undated -- This is a story with a warning. You have to know who you give your personal information to. Thousands of people got duped by a financial advisor who abused his position.

Surveillance video caught Andrew Myers and his son shopping at a grocery store. That video helped postal inspectors link Myers to more than 57 cases of identity theft.

US Postal Inspector Douglas Biel said, "He stole clients information and identity profiles from both his customers and his fellow co-workers and then performed changes of addresses and opened various bank accounts in his name."

Myers worked for Northwestern Mutual, selling both investments and insurance, pocketing the money on the side. Biel said, "He was trying to live the high life. He was staying in very expensive hotels, he was flying call girls with him out to the Playboy mansion and feeding on other's people dime."

Judy Cohen said she didn't know Myers, but she was one of his victims. "You just can't believe a total stranger would target you and steal your identity."

Fortunately, Judy's bank promptly alerted her and her husband that someone was applying for charge cards in their names.  
Cohen said, "They could have run up bills, we would have no clue that someone was out spending in our name. No one is safe. It could happen to me again. It could be happening right now."

Cohen said she and her husband now have credit monitoring services on all of their accounts and they check every bank statement carefully.

As for Andrew Myers, he is currently serving a two-year prison term and was ordered to pay back $35,000 in restitution.

Don't forget, we've made it easy for you to check your own credit report. Just head to the 2 Wants to Know section of Fill out the spaces on the right hand side, click submit, and every four months we'll send you an email reminding you to check your credit report.

WFMY News 2/ Consumer Alerts

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