Inheritance Fraud


By Eric Weisfeld

COLUMBIA, S.C. (AP) _ Authorities say a 38-year-old Columbia man has admitted defrauding a finance company by inflating the amount of his mother's inheritance.

Prosecutors said Darial Chatman pleaded guilty Wednesday to wire fraud in federal court and faces up to 30 years in prison and a $1 million fine when he is sentenced next year.

Investigators say Chatman submitted false court filings and financial documents from his mother's estate to Inheritance Funding Company, Inc., a San Francisco business that advances money to people who expect to get substantial inheritances.

Authorities say Chatman made it look like his mother's estate was worth almost $3 million, so the company would loan him $500,000.

Add a comment


Comment: 1000 Characters Left

ABC Columbia and its affiliated companies are not responsible for the content of comments posted or for anything arising out of use of the above comments or other interaction among the users. We reserve the right to screen, refuse to post, remove or edit user-generated content at any time and for any or no reason in our absolute and sole discretion without prior notice, although we have no duty to do so or to monitor any Public Forum.

Current: 73°
Partly Cloudy
High: 73°
Low: 73°
Wind: 5 MPH
Pressure: 30.08
Humidity: 90 %

What's on WOLOTV Full Schedule