TribLIVE

| Home


Weather Forecast
 
Larger text Larger text Smaller text Smaller text | Order Photo Reprints

Larimer couple indicted for scamming nearly $2M in fake magazine subscriptions

Daily Photo Galleries

Tuesday, Nov. 20, 2012, 11:30 a.m.
 

Federal authorities arrested a Larimer couple who, according to an indictment unsealed Monday, scammed nearly $2 million from more than 21,000 people who thought they were buying magazine subscriptions to benefit children's hospitals, military support groups and other charities.

Samuel Cole, 43, and Larhon Buchanan, 31, engaged in an elaborate confidence game in which they hired groups of young men and women to sell fake subscriptions door to door across the country, the indictment said.

A federal grand jury on Oct. 23 indicted each on one count of conspiracy, 12 counts of mail fraud and 25 counts of wire fraud.

They kept the scam alive from February 2007 through February 2011 by issuing an occasional refund to throw police and state regulators off the scent, the indictment said.

“These refunds, although extremely rare, provided defendants Cole and Buchanan time to move to a new location/jurisdiction; establish new bank accounts; change the company name and address; and continue the scheme to defraud,” the indictment says.

They started as New Image Consultants Inc. of Larimer in 2007, switched to Fresh Start Opportunities of Seattle in 2008 and then Destiny Sales Inc. of Dallas in 2009, the indictment said.

As they developed their scam, the pair instructed their sellers to tell victims that they were single mothers or convicted criminals who were selling the subscriptions to develop business skills to make a “fresh start” in life, the indictment said.

Law enforcement arrested the pair Nov. 11, and the two are in custody, according to court records.

Brian Bowling is a staff writer for Trib Total Media. He can be reached at 412-325-4301.

 

 

 
 


Show commenting policy

Most-Read Stories

  1. West Virginia county hears arguments on proposed smoking ban
  2. City, Jordan Miles continue fight over legal costs
  3. Truck crashes into Dairy Queen, five injured in Penn Hills
  4. Steelers are in familiar territory going into training camp in Latrobe
  5. Rossi: Johnston must reach Malkin in Moscow
  6. MSA Safety posts drop in profit
  7. Beaver DA believes girls might have lived had dad responded faster
  8. Scientists: Earth in midst of 6th ‘mass extinction’
  9. Friday’s scouting report: Pirates at Rockies
  10. Fishing report: Pymatuning walleye fishing remains tough
  11. Poverty programs would be merged
Subscribe today! Click here for our subscription offers.