Lancet Jades
05-26-2004, 09:27 PM
SACRAMENTO
4-year prison term in EBay art fraud
Henry K. Lee (hlee@sfchronicle.com)
http://www.sfgate.com/templates/types/universal/graphics/clear.gifWednesday, May 26, 2004
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[url="http://www.sfgate.com/cgi-bin/article.cgi?f=/chronicle/archive/2004/05/26/BAG0F6RSP41.DTL#sections"] (http://www.sfgate.com/chronicle/)
A man accused of inflating bids in hundreds of Internet art auctions, including the sale of a phony Richard Diebenkorn painting on EBay, was sentenced Wednesday to almost four years in prison.
Kenneth Fetterman, 36, of Placerville (El Dorado County) was ordered by U. S. District Judge Lawrence Karlton in Sacramento to serve 46 months in prison and pay $94,682 in restitution.
According to authorities, Fetterman participated in a fraud that used dozens of fake identities to inflate bids for paintings listed on EBay by him and two co-defendants, Kenneth Walton, 36, a former attorney from Sacramento, and Scott Beach, 33, of Lakewood, Colo. The two already pleaded guilty in the case.
The scheme netted more than $450,000, officials said. Fetterman was arrested last year in Kansas after fleeing from investigators after his indictment in 2001.
-- Associated Press
4-year prison term in EBay art fraud
Henry K. Lee (hlee@sfchronicle.com)
http://www.sfgate.com/templates/types/universal/graphics/clear.gifWednesday, May 26, 2004
[/url]
[url="http://www.sfgate.com/cgi-bin/article.cgi?f=/chronicle/archive/2004/05/26/BAG0F6RSP41.DTL#sections"] (http://www.sfgate.com/chronicle/)
A man accused of inflating bids in hundreds of Internet art auctions, including the sale of a phony Richard Diebenkorn painting on EBay, was sentenced Wednesday to almost four years in prison.
Kenneth Fetterman, 36, of Placerville (El Dorado County) was ordered by U. S. District Judge Lawrence Karlton in Sacramento to serve 46 months in prison and pay $94,682 in restitution.
According to authorities, Fetterman participated in a fraud that used dozens of fake identities to inflate bids for paintings listed on EBay by him and two co-defendants, Kenneth Walton, 36, a former attorney from Sacramento, and Scott Beach, 33, of Lakewood, Colo. The two already pleaded guilty in the case.
The scheme netted more than $450,000, officials said. Fetterman was arrested last year in Kansas after fleeing from investigators after his indictment in 2001.
-- Associated Press