Minnesota coin dealer gets 30 months for fraud

Discussion in 'Coin Chat' started by Rushmore, Jul 28, 2019.

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  1. Rushmore

    Rushmore Coin Addict

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  3. PlanoSteve

    PlanoSteve Well-Known Member

    2 1/2 yrs (30 mos.)? Have to wonder what the feds are thinking when the max would have been 20 yrs? The Fed GJ returned 6 indictments but they let him plea to just 2????? This isn't something to take lightly...& he's been at this since at least 2006 (so he's been at it since at least age 55, & you know he didn't just start at that age). So, he'll be out at 73 & back to his old tricks!...people like this don't change. :banghead::banghead::banghead::banghead::banghead::banghead::banghead:
     
  4. Walter Marx

    Walter Marx Active Member

    Mainebill, Trimbit and Rushmore like this.
  5. Walter Marx

    Walter Marx Active Member

    There's not much stopping him from continuing the dirt-baggery from behind bars, and he'll only do a fraction of those 30 months.
     
  6. Collecting Nut

    Collecting Nut Borderline Hoarder

    Okay, he'll spend 30 months behind bars and that's a long time for him to figure out what not to do when he gets out. He'll be a repeat offender.
     
  7. micbraun

    micbraun coindiccted

    You guys all seem to be biased. I think we can agree there are MUCH worse crimes than fraud. Prison time is a severe punishment one is not going to forget.
     
    Seattlite86 and Rheingold like this.
  8. PlanoSteve

    PlanoSteve Well-Known Member

    We are! Against crime! Look at this guts history! 30 mos. is a slap on the wrist! Yes, there are degrees of crime & this is a higher degree!
     
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  9. Collecting Nut

    Collecting Nut Borderline Hoarder

    This guy made his living being a fraud and he stole money from many an innocent person. I wonder if you would feel different if you were one of his victims.
     
  10. One of the bigger questions is why does the government allow the importing of the fake PCGs holders. There is so much bad stuff imported into the country that the government just turns a blind eye to.
     
    runninghorse1 and Scuba4fun777 like this.
  11. Scuba4fun777

    Scuba4fun777 Well-Known Member

    To us, 30 months seems like a really light sentence for this habitually repeat offender. To the Feds, it’s just the result of a negotiation.
     
    NYandW likes this.
  12. Dillan

    Dillan The sky is the limit !

    I think that he will be back on the street with in 14 months for good behavior. How is someone like this going to pay back his victims , that's a joke. He should be made to work it off for everyone he screwed around. That way you could have him do all those dirty jobs while you sat on a lawn chair with a beer and watched him do your work . I know this sounds far fetched but I really do not see this guy paying anyone back as ordered by the courts. Now if he has a house and property a person could seize this and put it up for sale . He will continue under another name , and refine his ways so he is not caught this time. How many more people are passing off the odd coin under the same circumstances as he was. Maybe 1 or 2 coins a year to people who just put them away for their kids or grandkids .
     
    Charles REid likes this.
  13. Dillan

    Dillan The sky is the limit !

    I bet there were a lot more then 12 victims for the time period he was doing this. Maybe and hopefully more will come out of the woodwork and have more charges pressed against him and they will keep this person for a long period of time. I do not know if he can be charged again for the same crime I think that is called double jeopardy or is this just for murder cases? Dillan
     
  14. He can be charged again for any new cases, but they won't do it. The government doesn't care if some coin collectors get screwed. He probably only got prosecuted because PCGS was involved.
     
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  15. Mainebill

    Mainebill Bethany Danielle

    Seems light for the degree of fraud perpetrated. Especially as a repeat offender. People routinely do more for minor drug possession I think 6-8 years would have been more in line
     
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  16. James D

    James D New Member

    Fraud, cheating, and swindling penalties are harshly handed out in Nevada. You get double digit sentences for trying to cheat a slot or dealer....nothing worse than than a slime ball cheating you out of hard earned pay.
     
  17. micbraun

    micbraun coindiccted

    Are you sure? Read the news, there’s much worse than fraud. Earlier today a man pushed an 8-year old boy in front of an arriving train in my city. The boy is dead.
     
    Last edited: Jul 29, 2019
    thomas mozzillo and Two Dogs like this.
  18. micbraun

    micbraun coindiccted

    Exactly what I thought, too.
     
    Hookman likes this.
  19. Coin buyer

    Coin buyer Member

    The “Dirt Bag”, met him at a coin show in Detroit Lakes, Mn
    All one really need know to have avoided this dirt bag and not do (Any) so called business with him was to meet him, face to face! Unfortunately,
    far to many “Honest” individuals were duped by this jerk via mail etc.
    My condolences to all those who lost out to this scum-bag!!!
    May he drop the Bar of “Soap” in prison!!!
     
  20. chrisild

    chrisild Coin Collector

    That man is apparently from Eritrea, so he might be extradited at some point. But agreed, murder is a crime of a different "quality". Then again, if you compare the per capita incarceration rates of various countries, there are considerable differences. I don't have a "recipe" here either ...

    Christian
     
  21. Santinidollar

    Santinidollar Supporter! Supporter

    One reason there is so much white collar crime, in my humble opinion, is the penalties are often lighter than for breaking into someone’s house to swipe the TV.
     
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