Creative Vacation Solutions Scammer pleads guilty!

[TUGBrian]

http://www.ksdk.com/news/article/286352/3/Man-pleads-guilty-to-mail-and-wire-fraud

Folan faces up to 25 years in prison, a fine of up to $250,000, and up to five years of supervised release.

He's scheduled to be sentenced March 9, 2012.

scam that operated in Florida and took $30 million from over 22,000 victims from all 50 states, the District of Columbia, Puerto Rico, and all ten Canadian provinces. There were at least 54 victims in southern Illinois.

...

The companies did not sell a single timeshare unit

 

[carl2591]

the steal 30 million dollars and only get a 250K fine.. where is the justice in that. 25 yrs he is out in 5-7 with good behavior, and 5 yrs probation.

i guess crime does pay.

now if he had a 15 million dollar fine and 10yrs hard time with 10 yrs prob. now that might some effect for a couple days or so..