UA-8412995-1 The Southport Globe: Cops: Southporter loses $35K in Yankee 'dirt' memorabilia scam

Monday, January 16, 2012

Cops: Southporter loses $35K in Yankee 'dirt' memorabilia scam

Following a months-long investigation, a Westport man was charged by Fairfield police last Friday with defrauding a Southport resident of $35,000 in a scheme to market what he said was dirt from the original New York Yankees Stadium.
The Southport man reported the scam to Fairfield police last May, police said Monday.
The victim told police that he met Mark Hayward, 52, of Conte Place in Westport, in late 2008 and that Hayward had asked him to invest in business that would market corporate gift items -- a key chain encapsulating dirt from the former Yankees stadium.
Hayward and the Southporter agreed that the latter would invest $35,000 in the venture, in return for a 20 percent share, police said. These parties reportedly planned to sell the key chains through a sporting goods store licensed to sell Yankees merchandise in New York, according to the police report.
The Southport resident made his $35,000 investment through a series of transactions in 2008 and 2009. Hayward told the man that he had more than $1 million deposited in a Barclays Bank account in England and that he would be able to release funds back to the Southport resident as a return on his investment, police said. READ MORE: http://www.fairfieldcitizenonline.com/news/article/Cops-Southporter-loses-35K-in-Yankee-dirt-2569950.php

No comments: