Suspect convicted of scamming victims out of $600K - WTOC-TV: Savannah, Beaufort, SC, News, Weather & Sports

Suspect convicted of scamming victims out of $600K

Stacy Waddell (Source: SCMPD) Stacy Waddell (Source: SCMPD)
SAVANNAH, GA (WTOC) -

A serial scammer in Savannah has been convicted of wire fraud, sale of counterfeit coins and more.

Stacy Waddell has been found guilty of promising to sell people gold and silver coins at a deeply discounted price - taking wire transfers from them - and then not delivering on the coins.

Federal Authorities say he swindled his victims out of at least $600,000.

Waddell is facing 60 years in prison and a quarter million in fines.

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