A federal grand jury indicted David James Martin, 26, on three counts each of mail and wire fraud. The indictment was filed Wednesday and announced Friday.
Martin, who owned and operated Furious Computers of Charles City, has a court appearance scheduled for Dec. 21 in U.S. District Court in Cedar Rapids.
The case was investigated by the Iowa Division of Criminal Investigation.
Assistant U.S. Attorney Ian Thornhill said Martin would offer computers and electronic equipment on on-line auctions. He would receive payments from winning bidders but wouldn’t send the products and kept the money for himself.
The scheme took place between January and June 2003 through the eBay auction Web site

Posted: 10|12|07 at 8:04 am. Filed under: US News.