DENVER (LAWFUEL) – Yewchoo Ng, age 27, of Boulder, Colorado, will be arraigned Monday on charges of mail fraud in connection with a scheme to defraud retail stores throughout Colorado, United States Attorney Troy Eid and U.S. Postal Inspector in Charge Shawn Tiller announced today. Ng is in custody pending Monday’s arraignment and detention hearing.
Yewchoo Ng was first charged by Criminal Complaint on September 19, 2008. He was indicted by a federal grand jury in Denver on September 23, 2008. Ng appeared in federal court on September 24, 2008 for an initial appearance, where he was advised of the charges pending against him.
According to the Postal Inspection Service affidavit in support of the Criminal Complaint, as well as the Indictment, beginning on July 6, 2007, and continuing until September 13, 2008, Ng did willfully devise a scheme to obtain money and property by materially false and fraudulent pretenses, resulting in a monetary loss of $182,001 to Target Corporation, Amazon, Buy.com, Best Buy, Circuit City, Sears and Walmart.
Specifically, Ng would purchase new electronic equipment, including Microsoft X-Box 360 gaming consoles, utilizing several different credit cards. The defendant would then remove the serial number labels from the newly purchased equipment, placing them on older inoperable equipment. He would take the newly purchased equipment out of the manufacturer’s box and replace the new equipment with the older inoperable equipment. Finally, he would then return the inoperable equipment to the store for a full refund on several credit cards and store-issued gift cards. Ng would then sell the new equipment using the world wide web, advertising on E-Bay and other online auction and shopping websites.
“Scamming discount stores could land you in federal prison,” said U.S. Attorney Troy Eid.
“The arrest of Yewchoo Ng is an example of the hard work by U.S. Postal Inspectors in our mission to deter criminals from using the U.S. Mail to defraud our valued customers,” said Shawn Tiller, U.S. Postal Inspector in Charge.
Ng is charged with one count of mail fraud. If convicted he faces up to 20 years in federal prison, a fine of not more than $250,000, plus restitution. The indictment also includes an asset forfeiture count.
This case was investigated by the U.S. Postal Inspection Service. The case is being prosecuted by Special Assistant U.S. Attorney Kathleen Evans, with asset forfeiture support from Assistant U.S. Attorney Tonya Andrews.
The charges are only allegations, and the defendant is presumed innocent unless or until proven guilty in a court of law.