A man from Golden has been sentenced to five years in federal prison and ordered to repay more than $19 million to over 150,000 victims of a nationwide telemarketing scam.
The $300 million scheme, which operated for over a decade, primarily targeted seniors with fraudulent magazine subscription offers. Victims were falsely led to believe they were reducing their subscription costs but were instead enrolled in expensive new plans.
Henry Aragon, along with his co-defendants, ran the operation through a network of fraudulent companies across the U.S. and Canada. The group used deceptive sales tactics to pressure consumers into making repeated payments.
In addition to his prison sentence, Aragon was sentenced to two years of supervised release. He must also pay more than $19 million in restitution to the victims and nearly $1.5 million to the IRS for unpaid taxes.
