NEW ORLEANS, Jan. 14 (UPI) -- A New Orleans man was sentenced to 41 months in prison for his involvement in the Silk Road online marketplace.
Beau Wattigney, 30, had previously pleaded guilty to conspiracies to commit wire fraud and trademark counterfeiting, the U.S. Department of Justice said Wednesday. Beginning in 2012, using websites identified as "GoldenLotus," "PurpleLotus," "MoxDiamond" and "NickMode," among others, he created and sold fraudulent coupons designed to resemble manufacturers' print-at-home coupons and sold them on the Silk Road website, regarded as a marketplace for illegal and illicit goods. The complaint against him mentioned, as an example, a $50 Visa gift card available for one cent.
The coupons, when used by purchasers, victimized over 50 U.S.-based businesses, costing them over $1 million.
U.S. District Court Judge Ivan L.R. Lemelle sentenced Wattigney in New Orleans Wednesday.