U.S. Attorney for Central District of California: Lead Defendant in Multimillion-Dollar Boiler Room Scam That Targeted Timeshare Owners Sentenced to More Than 10 Years in Prison
January 23, 2024
January 23, 2024
LOS ANGELES, California, Jan. 23 -- The office of the U.S. Attorney for Central District of California issued the following news release on Jan. 22, 2024:
A former Long Beach resident was sentenced today to 121 months in federal prison for leading a telemarketing scheme in which boiler room tactics were used to scam dozens of timeshare owners out of more than $5 million by giving them false promises of financial relief.
Michael McDonagh, 43, who currently resides in Coh . . .
A former Long Beach resident was sentenced today to 121 months in federal prison for leading a telemarketing scheme in which boiler room tactics were used to scam dozens of timeshare owners out of more than $5 million by giving them false promises of financial relief.
Michael McDonagh, 43, who currently resides in Coh . . .