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.

Rate this comment as insightful
Rate this comment as funny
You have rated this comment as insightful
You have rated this comment as funny
Flag this comment as abusive/trolling/spam
You have flagged this comment
The first word has already been claimed
The last word has already been claimed
Insightful Lightbulb icon Funny Laughing icon Abusive/trolling/spam Flag icon Insightful badge Lightbulb icon Funny badge Laughing icon Comments icon

Comments on “Teen Scammer Finally Tossed In Jail”

Subscribe: RSS Leave a comment
Anonymous Coward says:

Even Funnier

This case has been in the local paper. The scams started when he was in high school, and he was consequently suspended from the hs baseball team. He then filed a ~10 million dollar lawsuit against the school district claiming they should not have suspended him and have now ruined his chance of becoming a professional baseball player.

Add Your Comment

Your email address will not be published. Required fields are marked *

Have a Techdirt Account? Sign in now. Want one? Register here

Comment Options:

Make this the or (get credits or sign in to see balance) what's this?

What's this?

Techdirt community members with Techdirt Credits can spotlight a comment as either the "First Word" or "Last Word" on a particular comment thread. Credits can be purchased at the Techdirt Insider Shop »

Follow Techdirt

Techdirt Daily Newsletter

Techdirt Deals
Techdirt Insider Discord
The latest chatter on the Techdirt Insider Discord channel...