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Summit Man Accused Of Defrauding eBay Sellers For $122,000

NEWARK, N.J. (CBSNewYork/AP) - A New Jersey man has been charged in what federal prosecutors say was a scheme to defraud hundreds of sellers of foreign and antique banknotes on the online auction site eBay.

49-year-old David D'Aries of Summit is charged with one count of mail fraud.

New Jersey's U.S. Attorney says D'Aries won approximately 400 auctions during a five year period on eBay, posing as three different individuals, including his dead father.

LINK: Read The Complaint (PDF)

Prosecutors say D'Aries would pay for his purchases using PayPal or a variety of credit cards, then call the credit card companies and claim he had never received an item or a charge was unauthorized. Prosecutors estimate the losses to eBay, PayPal and various sellers total aproximately $122,000.

A message left for D'Aries' attorney Thursday afternoon was not immediately returned.

D'Aries faces a maximum penalty of 20 years in prison and a $250,000 fine.

(TM and © Copyright 2013 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2013 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)

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