Man allegedly used identity of dead man to steal retirement fund - WAFF-TV: News, Weather and Sports for Huntsville, AL

Man allegedly used identity of dead man to steal retirement fund

Dwayne Ellis Baptiste (Source: Metro Jail) Dwayne Ellis Baptiste (Source: Metro Jail)

A man is facing multiple charges of wire fraud after posing as the beneficiary of a deceased Lockheed Martin employee in Huntsville. 

A federal grand jury indicted Dwayne Ellis Baptiste of Texas in connection to a scheme to steal more than $545,000 from another man's retirement account. 

Baptiste lived in Huntsville in 2011 when he became acquainted with Ralph and Ronald Swinehart.

Ronald Swinehart was a retired Lockheed Martin employee. Ralph was his son, and the agent in charge of his father's retirement funds.

Ronald and Ralph both died in October 2011. The cause of their deaths was not immediately available. 

The FBI says Baptiste opened two commercial accounts later that year under the name of "Swinehart Investment Solutions". 

Baptiste was reportedly able to alter the beneficiary designation, using Ronald Swinehart's social security information, to gain access to the retirement funds. 

The document used to access the funds was allegedly a forged spousal consent form with a fake signature from Ronald Swinehart's deceased wife. 

Baptiste reportedly withdrew money from December, 2011 to February, 2012. 

He is charged with four counts of wire fraud, one count of mail fraud and four counts of money laundering. 

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