Thursday, May 2, 2013

Fraudster jailed for 10 years after earning millions through sale of fake bomb detectors

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James McCormick has been sentenced to 10 years behind bars after the convicted fraudster amassed a personal fortune by selling fake bomb detectors. McCormick's deception spanned the globe; he's believed to have earned over $77 million by selling thousdands of the bogus devices to countries including Iraq, Saudi Arabia, Thailand, and Romania. Records show that McCormick's business offloaded a large number of these "bomb detectors" — which in reality were modeled around a novelty golf ball finder — to security forces in Iraq, where they were often relied on at sensitive checkpoints. Prosecutors maintain his deception resulted in lost lives.


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via The Verge - All Posts http://www.theverge.com/2013/5/2/4293508/fraudster-mccormick-jailed-10-years-for-selling-fake-bomb-detectors

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