Online retailer convicted of fraud

August 2008
Furniture/Today;8/18/2008, Vol. 32 Issue 49, p42
Trade Publication
The article reports on the conviction of Carolina Furniture owner Henry Rayford Privette, with fraud. He was accused of cheating his customers by collecting payments without delivering the ordered furniture. Privette was proven guilty in federal court on 10 counts of wire fraud with up to 20 years in prison and a fine of $250,000 on each count which amounted to $2,500,000.


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