Canadian man sentenced for role in Pittsburgh million dollar elderly fraud scheme

PENNSYLVANIA (WTAJ) — A Canadian man, extradited from Panama, has been sentenced in federal court after being convicted of conspiracy to commit both wire fraud and money laundering.

Stefano Zanetti, 44, was sentenced to 188 months (15.6 years) in prison followed by one day of supervised release on May 4. Zanetti was also ordered to pay a fine of $35,000 and restitution of $780,870.

Zanetti was the leader of a scheme to defraud elderly victims in Pittsburgh and across the United States, according to information presented in court. Members of the conspiracy would contact victims and falsely claim that a family member of the victim had been detained in connection with a legal proceeding and needed money for bail…

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