Tuesday, July 24, 2012

Williamsville Man Sentenced on Fraud Charges

U.S. Attorney William J. Hochul, Jr. announced today that Keith Furman, 45, of Williamsville, New York, who was convicted of wire fraud, was sentenced to 18 months by Chief U.S. District Judge William M. Skretny. The defendant was also ordered to pay restitution in the amount of $209,758.

Assistant U.S. Attorney Paul J. Campana, who handled the case, stated that the defendant operated a business called Digital Ad experience. In 2009 and early 2010, Furman received about $190,000 from investors, with the understanding the money would be used to buy digital advertising screens that would be installed in shopping malls to display advertising. The defendant assured the investors that he used all the money to pay for the screens but instead made only partial payment for the screens. Furman used the rest of the money for living expenses and for other businesses he was running.

The defendant also admitted that he fraudulently marketed more than $25,000 worth of VoIP telephones (voice over Internet protocol) through eBay in December 2010. Furman used an eBay account in the name of Oceana Matrix, a company for which he served as president. Furman could not fulfill the orders because he did not have the phones he was offering for sale. This loss was absorbed by eBay.

The sentencing is the result of an investigation by special agents of the United States Secret Service, under the direction of Special Agent in Charge Tracy Gast; and the Federal Bureau of Investigation, under the direction of Special Agent in Charge Christopher M. Piehota.

1 comment:

  1. This man has spent the better have of his now 46 years cheating others for his own personal gain. He started in Cars sales in his 20's... He was suppose to be the top sales person in Scranton, PA and suddenly stop selling cars and started selling mobile phones and plans ~ looking back I am sure because he was caught doing something wrong. It was at this point when I met him. I watch him dodge child support and cheat repeatedly on his then girlfriend. He "sold" phones and plans to everyone in his family, girlfriend, mistresses & friends - we were all not even aware that he sold each of use anywhere from 4-10 phones an associated plans each. In 2001 his girlfriend dumped him and as his then friend I felt sorry for him. I tried to help because he lead everyone to believe she was horrible. It was only with time that I learned what he did to all of us... I was one of his targets but I was not hurt as much as those closest to him like his daughter, mother & father.

    I knew it was only a matter of time before he crossed the wrong person - so glad it was the Federal Government that caught him and put a temporary stop to his abuse. Be sure that as soon as he gets out of prison he will scam again... it is in his blood!

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