Eastern District of Pennsylvania
September 25, 2003 - United States Attorney Patrick L. Meehan today announced the filing of a 14-count indictment * against Melvin D. Shaw, charging Shaw with mail and wire fraud, in violation of 18 U.S.C. §§ 1341, 1343.
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Voorhees, NJ 08043
The indictment alleges that Shaw, a used car salesman who specializes in sales of luxury automobiles, defrauded over 30 customers and business associates of his car dealerships, Shaw Auto Sport (in Voorhees, New Jersey), and Philly Motor Sport (in Philadelphia, Pennsylvania), between December 2000 and March 2003.
According to the indictment, Shaw engaged in a scheme to defraud his customers by misrepresenting the quality, ownership and availability of the vehicles he sold, and by failing to produce such vehicles to their purchasers. The indictment further charges that Shaw engaged in a scheme to defraud his business associates, in order to induce loans and investments, by misrepresenting the ownership and quality of his vehicles.
As a result of the fraud, the indictment alleges, Shaw obtained over $500,000 in used car sales, and over $300,000 in loans and investments.
The defendant faces a maximum term of 20 years of imprisonment and a $250,000 fine per count, which adds up to a total possible maximum term of 280 years of imprisonment, and a maximum $3,500,000 fine.
The case was investigated by the Federal Bureau of Investigation and has been assigned to Assistant United States Attorney Jennifer Arbittier Bromley.
| UNITED STATES ATTORNEY'S OFFICE |
EASTERN DISTRICT, PENNSYLVANIA
Suite 1250, 615 Chestnut Street
Philadelphia, PA 19106
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* An Indictment or Information is an accusation. A defendant is presumed innocent unless and until proven guilty.