Chrysanthos Nicholas pleaded guilty to mail fraud for taking money and items from elderly people. He is a New York coin dealer who was just sentenced to prison for two years. He also has to pay $250,000 in restitution. A man in Minnesota sent Nicholas valuable coins, which were worth $135,450.40. Nicholas received the coins but never paid for them. The man tried to contact him for the money because it was his life savings, but had no luck. Nicolas stole $267,473.40 in coins and metals though his business. His business was called TCW Trading and North Fork Six Fare Coin Consultants. He told his elderly victims that he would get a good return on the coins. The prosecution wanted Nicholas to serve 27 to 33 months in prison. The defense argued for six months in a half way house and the other six months on monitoring. The Defense also said that he was going through a hard time at home and with his child custody and that he made a bad business decision.
Mail Fraud is a federal charge, which will be prosecuted by the U.S attorney’s office. Mail fraud is when there is a scheme to defraud individuals or companies using the U.S postal service, or other mail service carriers. If you attempt to execute a scheme by using U.S mail, you may be charged with mail fraud. Mail Fraud is a white-collar crime and has significant penalties. Depending on the severity of the case and who and what was affected, there may be sentenced between 20 – 30 years in prison and/or 1,000,000 fine. The penalties may also vary depending on the defendant’s prior criminal history.
If you have been charged with a white-collar crime such as mail fraud, contact Keller Law Offices immediately. Keller Law Offices has two criminal justice attorneys. A criminal justice attorney will be able to fight the charges against you. The criminal justice attorneys have handled many federal cases in Federal Fourt in the past. The Keller Law Office is licensed in Federal Court. Call 952-913-1421 for a free consultation. Keller Law Offices is located downtown Minneapolis, MN which is attached to the federal courthouse. Max Keller offers payment plans in most cases. Keller Law Offices will take the charges seriously and are ready to take the case to trial if needed. Please take a look at Keller Law Offices’ website at www.kellerlawofficse.com. Phones calls and e-mails are answered 24/7.
