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Sturtevant Man Charged with Stealing Family Member's Identity

Police say William Olson has at least three credit cards with balances totaling almost $40,000 and not a single one is in his name.

Imagine going to buy a home and getting turned down because of outstanding credit card balances on accounts you never opened.

This is exactly what happened to a couple in Ohio, and while identity theft is scary on its own, knowing the crime was perpetrated by a family member makes it worse.

A Sturtevant business owner is facing multiple felony charges after he opened several credit cards in his daughter’s name and racked up large bills.

William H. Olson, 70, was charged in Racine County Circuit Court on Jan. 19 with three counts of personal identification theft for financial gain and three counts of fraud against a financial institution. If convicted, he faces up to 44 years in prison and $90,000 in fines.

According to the criminal complaint:

Olson’s daughter contacted Racine police after she and her husband went to get a home loan in Ohio and found she had an unusually low credit score due to outstanding credit cards bills against her. After inspecting the records further, she discovered one card was opened in 2006 and listed Olson’s business National Automotive Inc. as the mailing address.

When the card was first opened it had a mailing address to Olson’s former home in Caledonia.

Another card was opened in 2004 and listed the business as the mailing address and a third card opened in 2002 under the victim’s maiden name had an initial charge of $2,000 to National Automotive.

The three cards had a total outstanding balance of about $38,000.

Olson made his initial appearance in court Thursday. He’s currently free on a $10,000 signature bond while awaiting trial. His next court date is  a preliminary hearing scheduled for March 21 before Court Commissioner Alice Rudebusch.

Barry Johnson March 08, 2012 at 11:35 PM
is this the same bill olsen that once upon a time owned olson auto supply on mainstreet with a satelite storeinthe schol house complex cureently on the corner ofspring street and highway 31.
James R Hoffa March 09, 2012 at 12:59 AM
Wow - this is just plain despicable! I hope he's ashamed of himself.

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