An uncommon instance of larceny has occurred in Alpena County, Michigan, when a guy is accused of using a loaned truck as unintentional cash. 40-year-old Ronald Lorn Martz is charged with using a Ford F-150 that he borrowed from a friend as security to buy a dog. The story began when Martz notified the truck owner that their vehicle had been stolen following several requests for its return. Later, it appeared on Facebook Marketplace for sale. The sellers took the car as collateral without knowing it was stolen, according to ClickOnDetroit.
After first lending the truck to Martz in June and asking for its return in September and November, the truck owner was told it had been stolen. Law enforcement was alerted after they found their truck offered online, which sparked an inquiry.MSP Seventh District described how Martz violated the terms of the purchase agreement, despite the sellers telling officers that he had used the truck as collateral for a puppy they were selling. They therefore placed the truck up for sale, albeit without a valid title, in an effort to recover their losses.
A man from Alpena was arrested for using a borrowed truck as security to buy puppies.Michigan’s Alpena County. A person reported that their truck had been stolen to the MSP Alpena Post on November 18, 2024. The individual said that they had lent Ronald Lorn, 40, their Ford F-150 Martzpic.twitter.com/5qNCP0VcxL.
Following a police interview at the MSP Alpena Post, Martz was taken into custody and placed in the Alpena County Jail on November 20th. One of the counts against him is larceny by conversion, which is defined as stealing more than $1,000 but less than $20,000. Martz has a $2,500 bond with a 10% cash surety established by the court. According to the MSP Seventh District’s social media post, he was arraigned on Thursday and is expected to appear in court again on December 17.
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