Teen Scammer Finally Tossed In Jail

from the just-can't-stop-stealing... dept

Back in 2002, the SEC charged a teenager who had scammed people out of approximately a million dollars by promising them that he would return 2,500% on their investment at an online casino. Honestly, the most impressive part is that people believed him enough to give him that much money. The kid is obviously persuasive. So persuasive, in fact, that the SEC let him off with a slap on the wrist after he returned the money and promised to stay on the right side of the law. That didn't last long. Two years later he was caught trying to con a bank out of half a million dollars in a similar scam. He, once again, promised huge returns by betting the money wisely in an online casino. Now, he's dropped down to a more modest scam, but will finally be spending some time in jail for selling stuff on eBay and never sending out the products he sold. For this, he's getting nearly three years in jail.

2 Comments | Leave a Comment..