Elderly woman charged with fraud

March 6, 2009 3:10:18 PM PST
An elderly Newtown Square businesswoman is facing fraud charges for allegedly skimming money from her auto tag business.Dozens of customers were allegedly ripped off and there may be more.

79-year-old Rose Prince turned herself in Friday to face charges that she defrauded numerous customers.

"This is not a sophisticated crime. Anybody who's doing this crime in any of the licensing agencies will, eventually, get caught," said Capt. David Young of the Pennsylvania State Police.

Prince is the long-time owner of Eagle Auto Tags on West Chester Pike in Havertown, Pa.

It has been out of business since police raided it on January 27th.

Investigators say Prince tried to hide incriminating documents when they showed up.

Her customers knew her as "Rosie."

Police say over the last 22 months, Prince skimmed money off of auto transfers, registration applications, and has forged documents that she sent to PennDOT, all for her own profit.

Police have identified 31 victims so far.

"We know for a fact we're going to find a lot more victims," Capt. Young said.

Prince is facing 211 felony counts and 127 misdemeanor counts.

As for how a 79-year-old woman would get caught up in something like this, state police were very cryptic in explaining that.

"We have uncovered an interesting trend in her behavior that could be indicative of someone that needs money. I'm going to leave it at that," said Capt. Young.

Anyone who suspects fraud at Eagle Auto Tags is being asked to contact state police.

CLICK HERE to follow Action News on Twitter

CLICK HERE to get Action News on your website

CLICK HERE to find Action News on Facebook

Click here to get the latest Philadelphia news and headlines from across the Delaware and Lehigh valleys.