AG: Man behind $816k scam 'was a true conartist'

AG: Man behind $816k scam 'was a true conartist'

LEBANON, OH (FOX19) - A Cincinnati man was sentenced to serve 19 years in prison and ordered to pay restitution Friday for running an $816,000 scam that defrauded car dealerships and financial institutions in multiple counties in Ohio and Kentucky, announced Ohio Attorney General Mike DeWine and Warren County Prosecutor David P. Fornshell.

Jerry Agostini, Jr., 53, was sentenced Friday by Warren County Common Pleas Judge Michael Gilb.

In January, a jury found Agostini guilty of 31 counts including engaging in a pattern of corrupt activity, grand theft of a motor vehicle, theft by deception, receiving stolen motor vehicles, attempted grand theft of a motor vehicle, receiving stolen property, identity theft, and forgery, according to records.

Investigators said Agostini defrauded businesses in Warren County, Cuyahoga County, Butler County, Hamilton County, and Kenton County during a 13-month period between 2014 and 2015.

He reportedly used aliases, fictitious names, a dummy corporation called Engineered Environmental, the identities of others, and false financial documents to secure trucks, equipment, and checks totaling $816,554.

Investigators announced they recovered nine vehicles taken as part of the scheme.

As part of his sentence, Agostini was ordered to pay the remaining $142,309.08 in restitution.

"This man was a true con artist," said DeWine. "His crimes were widespread and intentional. Had it not been for the hard work of law enforcement agencies he might still be running this scam. Instead, he's going to prison."

"I'm often amazed at how much effort these scam artists put into developing their criminal schemes, as opposed to using their talents to benefit society," said Fornshell. "Fortunately, because of the leadership of Attorney General DeWine's office, and the cooperation between numerous other federal, state, and local law enforcement agencies, Agostini will have lots of time in prison to think about that."

Potential scams can be reported to the Ohio Attorney General's Office at or 800-282-0515.

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