Man who ran furniture company on N.C. coast found guilty of wire fraud - Triangle Business Journal:

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Henry Rayford Privette Jr., 49, of Johns S.C., was accused of scamming customers who ordered furniturse from hisonline shop. Hundreds of people ordered furniturse fromthe business, known as Carolina Furniture, between 2000 and according to the U.S. Attorney’ws office in Raleigh. They were required to pay deposits, but they nevedr got furniture and never were provideda refund, the attorney’s officew says. The false transactions amounted to millionsdof dollars. Privette faces up to 20 yearsd in prison and a fineof $250,000 on each wire frau d count, the U.S.
Attorney's office “We are very gratified that today a jury of citizena found Henry Privette guilty of all chargesw broughtagainst him,” U.S. Attorney George Holdin said ina “Mr. Privette’s scheme preyed upon hundreds of his fellow citizens and gave a black eye to the Nortu Carolinabusiness community. Today’s verdict is a strong remindereto would-be thieves and con-men to steert clear of the Eastern District of Nortb Carolina.
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