FOR IMMEDIATE RELEASE:
WEDNESDAY - August 13, 2008
SOUTH CAROLINA MAN CONVICTED OF TEN COUNTS OF WIRE FRAUD
United States Attorney George E.B. Holding announced that today HENRY RAYFORD PRIVETTE, JR., 49, of Johns Island, South Carolina, was convicted on all 10 counts of wire fraud by a federal jury.
A Federal Grand Jury returned a Criminal Indictment on November 28, 2007, in the Eastern District of North Carolina, charging PRIVETTE with multiple counts of wire fraud, in violation of Title 18, United States Code, Section 1343. The evidence at trial showed that PRIVETTE, doing business as Carolina Furniture, operated an Internet-based furniture business in Calabash, North Carolina between 2000 and late 2003, taking orders from customers over the telephone and requiring deposits, then promising to order furniture but failing to deliver the furniture or provide a refund. During that time period, PRIVETTE defrauded hundreds of customers in transactions involving millions of dollars. PRIVETTE faces up to 20 years in prison and a fine of $250,000 on each count.
Mr. Holding commented on the jury’s verdict: “We are very gratified that today a jury of citizens found Henry Privette guilty of all charges brought against him. Mr. Privette’s scheme preyed upon hundreds of his fellow citizens and gave a black eye to the North Carolina business community. Today’s verdict is a strong reminder to would-be thieves and con-men to steer clear of the Eastern District of North Carolina.”
The case was investigated by the United States Attorney’s Office for the Eastern District of North Carolina, the Federal Bureau of Investigation, the United States Postal Inspection Service, and the North Carolina Attorney General’s Office. Assistant United States Attorney Thom B. Murphy is prosecution for the government.
News releases are available on the U. S. Attorney’s web page at www.usdoj.gov/usao/nce within 48 hours of release.