A Texas resident has admitted guilt in a U.S. District Court in Bangor for four charges of wire fraud. The case, which was initiated by the FBI in October 2022, involves nearly $400,000 being illicitly transferred from a Maine couple's bank account while they were on vacation.
Court documents reveal that the fraudulent activity began in August 2022 when an individual impersonated the account holder to obtain the account balance and change contact details with the bank. Over two weeks, funds were moved from the victims' home equity line of credit to their savings account before being wired to a Texas bank account owned by Kyle Lawless Pollar, aged 27. The transactions amounted to $360,880, with $66,000 directed to a jeweler in Texas. Pollar was seen on security footage making withdrawals and deposits using cash and cashier’s checks into other accounts under his name.
Pollar could face up to 20 years imprisonment and fines reaching $250,000 per count, along with up to three years of supervised release post-incarceration. He will also be required to compensate the victims financially.
The investigation was conducted by the FBI.