Fake Sports Card Scheme Led to $800,000 in Losses, US Alleges

An 82-year-old Colorado man sold $800,000 of fake sports trading cards, including some with images of basketball star Michael Jordan, according to federal prosecutors in New York.

Mayo Gilbert McNeil was arrested Wednesday in Denver and charged with conspiracy to commit wire fraud, the US Department of Justice said in a statement. He’s scheduled to first appear in a Colorado court, and then will be arraigned in Brooklyn at a later date, prosecutors said.

Between April 2015 and July 2019, McNeil and others intentionally misled consumers by falsely marketing sports trading cards as authentic, according to the indictment. ...