Canadian man sentenced in Costa Rica-based fraud case

August 13, 2013

Michael Kerry Deevy, a Canadian citizen, on Tuesday was found guilty in connection with a series of business fraud ventures based in Costa Rica, the U.S. Justice Department and the U.S. Postal Inspection Service reported. 

U.S. District Court Judge Patricia A. Seitz sentenced Deevy to 60 months in prison and 5 years of supervised release. He also was ordered to pay $4,541,914 in restitution. 

Deevy and a U.S. man named John White were arrested in Costa Rica and extradited to the U.S. in February last year, following his indictment by a federal grand jury in Miami on Nov. 29, 2011.

Prior to Deevy’s sentencing, 11 other individuals were charged in connection with related business fraud ventures. Deevy is the ninth of those individuals to be convicted and sentenced in the U.S.

Beginning in 2006, Deevy and his co-conspirators in Costa Rica are alleged to have fraudulently induced purchasers in the U.S. to buy business opportunities from companies known as Cards-R-Us Inc., Premier Cards Inc. and Nation West. The business opportunities cost purchasers thousands of dollars each, with most paying at least $10,000.

On April 11, Deevy pleaded guilty to one count of conspiracy, three counts of mail fraud and nine counts of wire fraud in connection with the scheme.

The indictment alleged that Deevy and his co-conspirators purported to sell greeting card and vending machine business opportunities, including assistance in establishing, maintaining and operating these businesses. Each company operated for several months, and after one company closed, another one opened.

“Today’s sentence will hopefully send a message to those who are contemplating engaging in schemes such as this that, no matter where you are, we will pursue and prosecute you and bring you to justice for these illegal schemes,” said Wifredo Ferrer, U.S. Attorney for the Southern District of Florida. 

Facebook Comments

You may be interested

Costa Rica to begin administering HPV vaccine
Costa Rica
20 views
Costa Rica
20 views

Costa Rica to begin administering HPV vaccine

Alejandro Zúñiga - April 25, 2019

The Social Security System (CCSS) announced Wednesday that Costa Rica will begin administering the human papilloma virus (HPV) vaccine as…

Costa Rica approves law against child abuse prepared by alleged victims of priest
Costa Rica
10 views
Costa Rica
10 views

Costa Rica approves law against child abuse prepared by alleged victims of priest

AFP and The Tico Times - April 24, 2019

Costa Rica’s congress approved on Tuesday a bill that extends the statute of limitations for the crime of sexual abuse…

International drug rehab in Costa Rica with the Costa Rica Treatment Center
Sponsored content
12 views
Sponsored content
12 views

International drug rehab in Costa Rica with the Costa Rica Treatment Center

The Tico Times - April 24, 2019

Costa Rica Treatment Center understands the process of addiction recovery from personal experience. Their evidence-based treatment programs are engineered to…

Do NOT follow this link or you will be banned from the site!