CHARLOTTE, NC (FOX 46 WJZY) - A South Carolina man has been sentenced to two years in prison in connection with a “synthetic identity” bank fraud scheme.
Charles Whitlock, Jr., 51, of Rock Hill, South Carolina was ordered to pay $310,268.51 in restitution. He pleaded guilty to bank fraud in October 2017.
According to filed court documents and court hearings, Whitlock executed a synthetic identity fraud scheme from December 2013 to April 2017, through which he fraudulently obtained more than $251,000 from a financial institution by obtaining credit cards using synthetic identities.
A synthetic identity is a fictitious identity created using a combination of real and fabricated information about people, or sometimes entirely fictitious information about people, including names, social security numbers (SSN), dates of birth (DOB).
Whitlock also used social media to offer so-called “credit repair services,” claiming he could help customers acquire new lines of credit, car loans and better FICO scores, among other things. He omitted to disclose that he was engaging in fraudulent activity involving synthetic identities.
The investigation was led by USPIS and the FBI.