/ Source: The Associated Press
A Phoenix man has been sentenced to five years in prison in connection with an eBay Inc. fraud scheme.
Arizona Attorney General Terry Goddard said Friday that 48-year-old Eric Haywood Weinstein used fraudulent names and credit cards between 2003 and 2006.
Prosecutors say Weinstein proceeded to sell thousands of items on eBay using fraudulent accounts, and eBay was unable to collect its auction fees as a result of the invalid cards on file. The company's system did not catch the fraud until it had lost hundreds of thousands of dollars in auction fees.
Weinstein pleaded guilty last month to two counts of felony fraudulent schemes and artifices arising out of two indictments.