A 24-year-old Orange County man indicted earlier this year with his buddy for targeting Apple iPhone sellers on Craigslist in a counterfeit currency plot has acknowledged he's guilty.
Matthew An faced six federal counts but pleaded guilty to one conspiracy charge and now faces a maximum prison sentence of five years of incarceration and a $250,000 fine.
Because of An's cooperation, Assistant United States Attorney Mark P. Takla has agreed to advocate for a "low end" sentencing range punishment that will certainly be easier than half a decade.
Sam June Kim--An's 29-year-old, alleged partner in crime--has not signed a guilty plea.
According to the federal indictment, Kim and An arranged to meet iPhone sellers who advertised on Craigslist and paid them fake money for the phones during a two-month period beginning in mid-February.
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Federal agents claim the duo stole eight iPhones from seven duped individuals by passing $3,900 in bogus U.S. currency.
At the time of their arrests, the defendants had additional counterfeit bills stored at their residences, according to court records.