Guilty As Charged | Canadian Man Bilks $2.3 Million From Victims

By: Theresa Cahill

Boston, MA (Apr 1) – After bilking millions from targeted victims in the United States and Canada, a Montreal man was convicted in federal court today. The Federal Bureau of Investigation’s revealed a “long running telemarketing scheme, operated from Canada” resulting in “losses totaling more than $2.3 million.”

Mitchell Karachinsky, age 69, admitted his guilt before U.S. District Judge Patti B. Saris. He pled guilty to charges of conspiracy and mail and wire fraud. Telephoning victims and claiming they had won large sums of money via prizes and/or lottery winnings, Karachinsky was able to pull large sums of money from his victims by telling them to collect they would need to send prepaid fees by mail or wire to Canada. No prize money existed and no victim ever received any winnings from this scheme.

Scheduled for sentencing July 21, 2010, by Judge Saris, Karachinsky faces up to 20 years imprisonment and deportation. Karachinsky was extradited from Canada for this prosecution.

This announcement was made by United States Attorney Carmen M. Ortiz and Warren T. Bamford, Special Agent in Charge of the FBI, Boston Field Division today.

Source: Department of Justice Press Release

Posted by on April 2, 2010. Filed under Crime - Punishment,Criminal Justice,International Criminal Justice,International News,Money,US Criminal Justice,WorldNewsVine. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.