Gold coin scammer bilks quadriplegic Delaware victim

A Texas man will spend three years in prison after scamming a quadriplegic Delaware man.  

Marcus Meehan of Buna, Texas, was sentenced last week and ordered to payback $200,000 after selling some rare coins at a huge mark-up.  Delaware Attorney General Beau Biden says, “This defendant preyed on his victim’s trust.  His scam deprived this vulnerable victim out of necessary funds that he would have used for his own considerable health care needs.”

The victim is a physically impaired senior citizen who could only communicate with Meehan with computer assistance.  Meehan sold the coins to the man while working for a Texas company called American Eagle Reserve.  He admitted to selling the coins for 85% more than they were worth.

The AG’s office says Meehan stated in his confession that he had been taught how to lie, manipulate, and even pray with clients over the phone to gain their trust.