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Take the Money And Run

swindle

Take the Money And Run

So your Ed is snooping around the used boat market, looking for a boat to be named later, and his travels took him to Dana Island Yachts where a neighbor is one of the salesman. The boat is great but the Ed is cheap, so a deal was not made. based on the following, perhaps that is a good thing:

The owner of a Dana Point yacht brokering firm is wanted for questioning by the Orange County Sheriff’s Department after more than 20 victims contacted authorities reporting more than $200,000 is missing from bank accounts used in yacht transactions, according to Sheriff’s spokesman Jim Amormino. Ed Fitzgerald, a Laguna Beach resident and longtime owner of Dana Island Yachts in the Dana Point Harbor, hasn’t been seen from in a week.

“This could be just the tip of the iceberg,” said Amormino. “The money lost could be in the millions. There are 20 victims that we know of, but they keep coming forward.”