CHARLESTON, WV(August 27, 2014) — United States Attorney Booth Goodwin announced that a Charleston man pled guilty August 25 in federal court in Charleston to conspiring to defraud timeshare owners throughout the United States and Canada. David Andrew Glynn, 47, admitted that he set up a bogus company named Mountain State Resales, LLC (MSR) that was purportedly in the business of brokering timeshare sales. Glynn, and others, contacted timeshare owners and advised them that MSR had buyers for their the timeshares, and asked owners to pay fees and expenses necessary to complete the sales. Timeshare owners were directed to send the requested payments to MSR in South Charleston, West Virginia.
Glynn also contacted timeshare owners who had been victims of prior fraud schemes and posed as an agent with “Internal Revenue Recovery Associates,” a fictional entity that he claimed was affiliated with a governmental agency. Glynn represented that he was investigating timeshare fraud schemes, and needed the victims of such schemes to send money to MSR to assist with its recovery efforts.
During the guilty plea hearing, Glynn admitted that MSR was not a legitimate business, and was created to defraud owners of timeshare companies. He also admitted that MSR received more than $86,000 from the fraud scheme. As part of the plea agreement, Glynn will be required to make full restitution. Sentencing is scheduled for November 24, 2014.
The investigation of this case was conducted by the West Virginia State Police, the Federal Bureau of Investigation, and the United States Postal Inspection Service. Assistant United States Attorney Meredith George Thomas is handling the prosecution.
SOURCE: United States Attorney’s Office Southern District of West Virginia