by Structured Settlement Watchdog
Sporting a pallid expression in an Elk River Minnesota Jail arrest mugshot, Mike Woodyard has looked better
Woodyard’s mugshot is a far cry from the smiley hustler who allegedly defrauded multiple London market insurers and spawned a Orange County CA lawsuit against a firm with whom Woodyard was affiliated when Woodyard committed the alleged crimes.
How Did Mike Woodyard Get Caught?
Woodyard got “pinched” for “financial transaction card fraud use-no consent”
Here’s what the Minnesota Statute says that is;
Woodyard Charged with violating Minnesota Statute 609.821 FINANCIAL TRANSACTION CARD FRAUD
Financial transaction card” means any instrument or device, whether known as a credit card, credit plate, charge plate, courtesy card, bank services card, banking card, check guarantee card, debit card, electronic benefit system (EBS) card, electronic benefit transfer (EBT) card, assistance transaction card, or by any other name, issued with or without fee by an issuer for the use of the cardholder in obtaining credit, money, goods, services, public assistance benefits, or anything else of value, and includes the account or identification number or symbol of a financial transaction card.
(6) attempting to buy, sell, steal, or otherwise effect an exchange of SNAP benefits issued and accessed via an EBT card, card number and PIN number, or manual voucher and signature, for cash or consideration other than eligible food, either directly, indirectly, in complicity or collusion with others, or acting alone.
Subd. 2.Violations; penalties.
A person who does any of the following commits financial transaction card fraud:
(1) without the consent of the cardholder, and knowing that the cardholder has not given consent, uses or attempts to use a card to obtain the property of another, or a public assistance benefit issued for the use of another;
Where Mike Woodyard is going, there will be no need for credit cards.