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L.A. Man Pleads Guilty in $17 Million Scheme to Defraud Verizon by Reselling More Than ...

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(Source: Federal Bureau of Investigation - Los Angeles Field Office) SAN DIEGO-The owner of a Glendale-based ride-sharing business pleaded guilty this afternoon to federal wire fraud charges, admitting that he illegally generated over $13 million in profits by selling more than 30,000 Apple iPhones fraudulently obtained from Verizon Wireless at substantially discounted prices. Karen 'Kevin' Galstian, 37, of Chatsworth, pleaded guilty today in United States District Court in San Diego to one count of wire fraud, and he admitted committing the offense while on pre-trial release in...

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