Kevin Louis Yaeger, 29, was sentenced this morning by United States District Judge Stephen V. Wilson in Los Angeles. In addition to the prison term, Judge Wilson ordered the defendant to pay $209,899.50 in restitution.
Yaeger has been in custody for approximately one year in relation to a grand theft conviction he suffered in Santa Clara County. Prior to being taken into custody on that case, he resided in San Jose. During the course of the criminal conduct in the federal case, from November 1997 to April 1999, he resided in West Hollywood.
Yaeger pleaded guilty on April 1 to two counts of wire fraud. The scheme to defraud stemmed from Yaeger’s ownership of Priority Web, later known as Priority Web USA, a Beverly Hills-based Internet service provider. When Priority Web subscribers made payment, Yaeger took their credit card numbers and made unauthorized charges that totaled nearly $210,000.
The case was investigated by the Federal Bureau of Investigation.