Thief's Den

There's a Moral to This Story...

From CNN, a case of fraud gone wrong.

The boy was 16 in early January when he ordered the 12-cylinder 2004 BMW 760Li with "black sapphire metallic" paint and a heated steering wheel and seats. He told Midwestern Auto Group that his bank would confirm the wire transfer, authorities said.

After completing and returning paperwork that was mailed to his home, the teen called the dealership pretending to be a banker confirming the transfer, police said.

The car was delivered to him at Dickinson High School on January 27, two weeks after the boy turned 17, police said.

That same day, he ordered a second car. But when Midwestern Auto Group learned that the first payment was never made, the dealership contacted police.

The boy was arrested at his Jersey City home late last month.

Police said the teen was not hard to find. "He did use his correct name, as far as I know," Davis said.

The teen is charged with theft by deception and was no longer in custody, Sgt. Edgar Martinez said. Authorities did not release the boy's name because he is a juvenile.

Moral of the Story (credit to Aesop): When things are going well, don't spoil them by being greedy.