A former Maryland resident who ran a telemarketing business hawking light bulbs and cleaning supplies has pleaded guilty to federal charges of conspiracy to commit mail fraud and conspiracy to defraud the IRS.
Fifty-seven-year-old Eric Epstein of Pompano Beach, Florida, entered the plea in federal court in Baltimore. He faces up to 25 years in prison when he is sentenced in September.
Epstein was charged last year with committing mail fraud to obtain more than $50 million in money and property from various businesses , schools, churches and nonprofit groups through the fraudulent sale of light bulbs and cleaning supplies.
According to the indictment, Epstein’s business, Maryland-based Midway Industries, charged customers for products they never ordered and regularly inflated product prices by 900 percent.
Was this article valuable?
Here are more articles you may enjoy.
How One Fla. Insurance Agent Allegedly Used Another’s License to Swipe Commissions 
BMW Recalls Hundreds of Thousands of Cars Over Fire Risk 
Trump’s EPA Rollbacks Will Reverberate for ‘Decades’ 
World’s Growing Civil Unrest Has an Insurance Sting 
