“The money was used to pay his personal bills, including car payments on a Humvee and an Escalade,” said Duke Frost, the assistant county prosecutor.
NEWARK, Ohio — A Newark man faces nearly 40 years in prison after admitting on Tuesday to a scam that stole thousands of dollars from dozens of families, including his own.
Joe McClain, 31, told investors that they would make a profit with property he would fix and sell but never did, 10TV’s Angela An reported.
Twenty-five of McClain’s victims sat behind him in court. Each of them lost $10,000-$250,000 in the scam that affected many people in Licking County, An reported.
Read more from 10TV
This link about the Newark, Ohio area scam artist explains about more of his activities.
If you’re real estate investment adviser also wants to know if you would like to invest $4000 in some Google web exploitation, he might not be a good person to do business with!