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Fraudster Impersonates Billionaires to Steal $15M | Texas News
A 34-year-old fraudster, Kendrick Lamont Fugett, is facing federal charges for allegedly orchestrating a $15 million scam using stolen identities and fake IDs to cash Treasury checks meant for businesses nationwide. He impersonated a tech CFO and a billionaire chairman to deposit massive sums across Dallas-area banks — all while boasting a history of identity theft and fraud arrests, including a recent bust in Nashville. If convicted, he could spend up to 30 years behind bars, plus mandatory time for aggravated identity theft. Multiple agencies, including the IRS Criminal Investigation unit…
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