abc
QUICK LINKS:

Former Chisholm Man Gets 6 Years in Classic Car Fraud Case

Updated: 03/18/2014 5:05 PM
Created: 03/18/2014 5:03 PM WDIO.com

MINNEAPOLIS (AP) - A former northern Minnesota businessman has been sentenced to more than six years in prison for bilking classic car buffs out of more than $1 million.

Twenty-seven-year-old Edwin Verdung, formerly of Chisholm, also was sentenced Tuesday to three years of supervised release and ordered to pay restitution to his victims.

Verdung pleaded guilty in federal court last August to one count of wire fraud and one count of money laundering.

Verdung admitted that from April 2007 through May 2010, he was paid to provide or restore classic cars at Memory Lane Classics. However, he failed to provide the cars or the restoration services as promised.

The Star Tribune reports the business shut down in the spring of 2010.

___

Information from: Star Tribune

(Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

Front Page

 

Freeze Warning

MN AREAS AFFECTED: Northern Cook, Northern Lake; Southern Cook, North Shore
Expires: 9/18/2014 7:00 AM

Frost Advisory

MN AREAS AFFECTED: Central St. Louis; Koochiching; North St. Louis; Southern Lake, North Shore
Expires: 9/18/2014 7:00 AM

Frost Advisory

WI AREAS AFFECTED: Ashland; Bayfield; Iron; Price; Sawyer
Expires: 9/18/2014 7:00 AM

Freeze Warning

MI AREAS AFFECTED: Baraga; Dickinson; Gogebic; Iron; Ontonagon; Southern Houghton
Expires: 9/18/2014 10:00 AM

Advertisement
Advertisement
Advertisement
Advertisement