A California man who pleaded guilty to a Ponzi scheme on Monday will have to forfeit a collection of baseball cards valued at more than $31,000 as part of a plea agreement. Seth Adam Depiano, 36, of Clovis, admitted to mail fraud, wire fraud and money laundering in connection with a real estate investment scam, U.S. Attorney McGregor W. Scott announced. According to … [Read more...]
Nebraska Man Charged in Six-Figure Phony Card Scam
Federal prosecutors have charged an Omaha, Nebraska man with selling four sports cards to a buyer on eBay for $117,500, knowing all along they were reprints rather than the real deal. Thomas Martin Beatty, Jr. is facing fraud and money laundering charges after a grand jury handed down a five count indictment last week. Beatty is accused of using eBay to buy … [Read more...]