Demi Moore Falls Victim To Credit Card Fraud

Throughout the month of March, a man named David Matthew Read got ahold of the actress Demi Moore’s American Express card. He used it at various online stores and Los Angeles shops such as Nordstrom and Saks Fifth Avenue, spending more than $169,000.

Photo taken from Google

Photo taken from Google

He spent approximately $16,249.80 at Saks Fifth Avenue, according to police. He also allegedly purchased $3,748.73 worth of merchandise at a Nordstrom store and hit up two other Nordstrom locations before racking up his $169,764.73 bill.

Read, 35, was identified by surveillance footage. Because the footage at the stores show the man making the purchases at the times and places where the fraudulent transactions occurred, it has made him the main suspect.

According to a police report, the man “admitted to obtaining D.M.’s credit card without authorization and fraudulently using it to make purchases at stores.”

On March 2, Moore reported the card lost. When a new one was delivered through FedEx in Santa Monica, Read picked up the replacement card himself. Moore claims she never requested a new card. Moore’s assistant called American Express to report questionable activity later that month. His booking photos were compared with the surveillance footage from the stores and Read was then arrested outside of a storage unit he had been renting since April and remains in jail, according to police.