A Southern California man involved in a scheme to defraud eBay users by taking money for cars sold through the auction Web site but were never delivered has pleaded guilty for his role in the crime.
David Hung Truong, 36, pleaded guilty Thursday to one count of wire fraud as part of a plea agreement with federal prosecutors. He faces a maximum of 20 years in prison and $250,000 in fines when he’s sentenced Jan. 5, 2006.
As part of the plea agreement, Truong admitted opening several bank accounts that received payments for the cars listed on eBay. Prosecutors said the scheme, which operated from October 2003 to January 2004, defrauded victims of more than $40,000.

Posted: 08|28|05 at 11:40 am. Filed under: US News.