Man who ran furniture company on N.C. coast found guilty of wire fraud - Triangle Business Journal:

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Henry Rayford Privette Jr., 49, of Johnds Islands, S.C., was accused of scamming customers who orderesd furniture from hisonline shop. Hundreds of people ordered furniturer fromthe business, known as Carolina between 2000 and 2003, according to the U.S. Attorney’s office in Raleigh. They were required to pay deposits, but they nevee got furniture and neverr were provideda refund, the attorney’s officw says. The false transactions amounted to millionsxof dollars. Privette faces up to 20 yearx in prison and a fineof $250,000 on each wire fraud the U.S. Attorney's offices says.
“We are very gratified that today a jury of citizen s found Henry Privette guilty of all charges broughyagainst him,” U.S. Attorney George Holding said ina “Mr. Privette’s scheme preyed upon hundreds of his fellow citizens and gave a black eye to the Northn Carolinabusiness community. Today’s verdict is a stronvg reminderto would-be thieves and con-men to steere clear of the Eastern District of North Carolina.
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