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2 clusters · 2 sources · 17 days · First seen · Last updated

Florida fraud sentencing

Overview

Two Florida men have been sentenced to federal prison for separate large-scale fraud schemes involving millions of dollars.

Eric James Stone, 43, received a sentence of six years and eight months for wire fraud and money laundering. Stone, acting as a financial advisor, defrauded a 75-year-old woman of over $2 million through more than 600 transactions using deceptive emails. He was ordered to pay $2,037,103 in restitution.

James Elliott Davis, II, 37, was sentenced to seven years and seven months for bank fraud, wire fraud, money laundering, and theft of mail. Davis operated a fraudulent medical supply company, Medisale Inc., which used forged documents to deceive investors regarding the sale of COVID-19 personal protective equipment. The court ordered the forfeiture of $6,726,800 in criminal proceeds and required restitution to victims.

Entities

Gregory W. Kehoe · U.S. District Court · Huashan Lu · James Elliott Davis, II · Yuxiang Zhao

Timeline

  1. 23 days ago

    [CRIME] 2 sources
    Florida men sentenced to prison for multi-million dollar fraud schemes

    Two Florida men were sentenced to federal prison for major fraud schemes: one defrauded a senior of $2 million, and the other ran a $6.7 million fake COVID-19 medical supply company.

  2. about 1 month ago

    [CRIME] 2 sources
    Florida Senior Scam Ring Run by Chinese Nationals Charged with Mail Fraud

    Three Chinese nationals in Florida were charged with a mail‑fraud scheme that stole over $2.2 million from 28 senior victims, prompting a joint federal investigation and a hunt for three more suspects in China.

Sources

floridadaily.com · townhall.com