An Austin man who posed as a Delta Force veteran to scam victims out of $12 million in a fake cartel protection scheme has been sentenced to 40 years in prison.
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52-year-old Saint Jovite "Kota" Youngblood, an Austin-area man, defrauds 32 victims of more than $12 million by posing as a U.S. Army Delta Force veteran, thereby landing 40 years in federal prison.
Telling victims they were in danger and convincing them to pay for his services, Youngblood claimed to provide defense against Mexican drug gangs. He said their money would be returned with large gains, but he really spent it for personal needs, including Las Vegas gaming vacations.
Youngblood targeted people using fear and dishonesty, creating his bogus scam over several years, according to federal prosecutors. April saw his conviction by a federal jury in Austin on four counts of wire fraud and one count of money laundering.
Prosecutors alleged Saint Jovite Youngblood used phony heroism and manufactured threats to take advantage of his victims' weaknesses.
Apart from his 40-year prison term, Youngblood has been directed to reimburse his victims the whole $12,766,384.
This instance emphasizes the requirement of exercise while handling those who demand significant financial transactions under dubious conditions or make bold claims.
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