Fed Reserve Chief's Identity Recovered in Miami

Miami U.S. Marshals arrest woman who stole Ben Bernanke's identity

By Todd Wright
|  Tuesday, Sep 1, 2009  |  Updated 2:53 PM EDT
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Fed Reserve Chief's Identity Recovered in Miami

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Ben Bernanke finally has his identity back.

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When Shonya Michelle Young decided to steal someone's identity, she went for the gold. Or maybe you could say the mint.

Federal prosecutors claim Young nabbed U.S. Federal Reserve Chairman Ben Bernanke's ID last year and used it along with hundreds others in a widespread identity theft ring that drained victims' bank accounts. Young was arrested Tuesday at the Airport Villas near Miami International Airport.

When police caught up with the 38-year-old Young, she had a fake New York ID and several wigs. No word if she had an imitation of Bernanke's white beard or bushy eyebrows.

Bernanke's ID was stolen when his wife's purse was swiped in D.C. in August 2008. It's unclear how the information in the purse ended up in the hands of Young and her cohorts, but the identity theft case quickly made its way into the hands of the U.S. Marshals.

Bernanke succeeded Alan Greenspan as the Federal Reserve chief in 2006 and was re-appointed by President Barack Obama in 2009. 

Young appeared in Miami federal court on charges of conspiracy to commit bank fraud.

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