Sergio Soto, Jr., 35, “heavily advertised” used cellphones in bulk through his two businesses, iPhone Buyerz and Phone Dropz, according to a news release from the Department of Justice.
Soto fraudulently sold the phones to businessmen in the U.S. and Mexico, though he didn’t have the ability to deliver them, federal authorities said. The amount of fraud totaled $990,696. In addition to his sentence, he was ordered to pay that amount to victims and another $400 in special assessments.The FBI, Texas Department of Public Safety and San Antonio Police Department investigated the case.
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