TACOMA, Wash. (AP) — A Portland man was sentenced in federal court in Tacoma, Washington after being convicted in a $1.4 million fraud case.
U.S. Attorney Brian Moran says Aaron Michael Scott was sentenced Friday to four years in prison for stealing from clients to pay off other clients in his precious metals business in Vancouver, Washington.
Moran says Scott began defrauding silver and gold buyers in 2013.
Moran says Scott would accept customer money for the purchase of precious metals and coins and then use the funds to pay off personal expenses.
When customers complained about the delay in receiving their items, Scott used a list of excuses, including weather and delivery problems.
Moran says more than 139 customers were defrauded more than $1.4 million.