PALM BEACH, Fla. (CBS12) — A 40-year-old Orlando man is facing felony fraud charges after investigators say more than $345,000 was stolen from a Palm Beach County victim through a sophisticated scheme involving unauthorized wire transfers, bank withdrawals, and phone number manipulation.
Marcus Bernard Malcolm was arrested following a month-long Palm Beach Police Department investigation that traced a series of fraudulent transactions back to personal and business bank accounts connected to Malcolm, according to a probable cause affidavit.
PBPD says the case began in August 2025 when the victim reported that nearly $346,000 had been withdrawn from his Merrill Lynch account without his authorization. The victim told police the transactions occurred over several weeks in July 2025 and were routed to multiple recipients, including accounts linked to environmental services companies and individuals, one of which was in Malcolm’s name…