$30 Million Dollar Telemarketing Scam Busted

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

(KTVI) -  A national  telemarketing scam leads to more than 30 arrests and claims hundreds of victims, including 54 in Southern Illinois. Stephen Wigginton, the US Attorney for the Southern District of Illinois says telemarketers based in Florida would convince timeshare owners that they had someone willing to buy their interest but needed $1,200 for closing costs.  Those buyers never existed and not one time-share was ever sold.

Wigginton says the owner of the company took in around $30 million dollars in the scam. Those convicted were given sentences ranging from one to 15 years.