By John Lee.
A US man has pleaded guilty in a $175,000 fraud involving fake business opportunities in Iraq.
Joseph T. Morris, aged 52, pleaded guilty on Tuesday to one count of wire fraud, and according to a report from Associated Press faces up to 20 years in prison.
Morris and two others set up a company whose initial focus was on establishing a pizza restaurant at the U.S. consulate compound in Erbil; it also proposed establishing a business to distribute and install specialty window film on vehicles and at hotels, homes and government buildings that would protect windows and windshields from blast and breakage, and provide heat retention, ultraviolet shielding, and privacy.
Prosecutors said Morris, the company’s in-country manager in Iraq, knew his co-founders would use the false information the supplied to attract investors. One partner discovered the scam in 2012.
He is scheduled to be sentenced on 17th September.
(Source: Associated Press)
(Court image via Shutterstock)