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April 13, 2005
eBay Fraud Reward: 6 Years In Prison
Charles Stergios, 21, has earned a six year prison sentence for eBay fraud from a judge in Maine. Stergios admitted that he had defrauded 50 individuals of at least $200,000 in cash and purchased goods through dishonest auctions on eBay.
The prosecuting attorney stated that he actually may have duped some 321 individuals to the tune of $421,000 in ill-begotten profits. When Stergios first pleaded guilty, he was ordered by the court to pay back his victims. However, he continued to defraud people after being informed that the state was investigating his online practices, and tried to hide his personal assets in an effort to avoid paying back those he defrauded.
The defendant repeatedly wrote counterfeit checks to people from whom he bought items such as jewelry and electronics on eBay. Stergios also took payments for items he advertised on the auction site that he never shipped to the buyers. The most expensive transactions made by the defendant were valued at roughly $5,000.
It's safe to say that this jerk was unrepentant, since he threw a water pitcher at the prosecuting attorney!
Honest sellers can only applaud such a stiff conviction.
Posted by SydneyJohnston at April 13, 2005 12:31 PM
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