An anonymous reader shares a report: In August 22, 2001, Jerome Jacobson, director of security for a subcontracting company called Simon Marketing, was arrested along with eight co-conspirators for orchestrating a massive scheme to defraud McDonald’s Monopoly promotion out of more than $24 million. Jeff Maysh of The Daily Beast tells the inside story in 8,800 words. Between 1989 and 2001, “Uncle Jerry” used his position as the head of the McDonald’s Monopoly account to steal winning “pieces” worth between $10,000 and $1 million. He proceeded to gift the pieces to family members and a growing network of associates — which included “mobsters, psychics, strip club owners, convicts, drug traffickers, and even a family of Mormons” — in exchange for a cut of the laundered winnings. A former police officer known for his attention to detail, Jacobson was personally responsible for overseeing the printing of paper game pieces, cutting out the winning tickets, and transporting them to McDonald’s packaging factories throughout the country. Read the full story here.

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