ALERT: FBI places a $10,000 bounty on an escaped prisoner who transferred himself $11 million from a victim's stolen Charles Schwab account he accessed on a contraband cellphone.
Arthur Cofield was serving an 11-year sentence for conspiracy to commit bank fraud and aggravated identity theft at a Federal Correctional Institute (FCI) in Jesup, Georgia.
While in the FCI, Cofield allegedly used a contraband cellphone, gained access to a victim's Charles Schwab investment account, and wired himself $11 million.
With the money, Cofield bought a $4 million mansion and 6,106 gold coins that he had transferred to Atlanta via private plane.
Cofield escaped the FCI on May 26th, and the FBI warns that he is armed and dangerous.