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Sixty-Eight-Year-Old Swindler Gets 9 Years | Texas News
Description
A 68-year-old con artist, William Thomas Engle, scammed small business owners out of over $8 million between 2020 and 2022 by promising multi-million dollar loans in exchange for upfront “Good Faith Accounts.” He faked bank statements to lure victims, then spent their money on luxury cars, a yacht, and jewelry. Now facing a nine-year federal prison sentence and forced to repay nearly $8.2 million, Engle’s downfall sends a clear message: the feds are serious about protecting everyday Americans from financial predators. The FBI is urging the public to stay vigilant and report suspicious activity.
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