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    Oceana Founders Day and Heritage Festival dates announced

    Photo: Meadow Bridge Public Library

    Meadow Bridge Public Library to close permanently

    Ascential Buildings cuts ribbon at Mount Hope location

    Man arrested after cutting palm of girlfriend’s hand with box cutter

    Raleigh County Man Sentenced to Prison Federal Drug Crime

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    First responders honored at Public Safety Ceremony

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      Photo: Meadow Bridge Public Library

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Ohio Man Pleads Guilty to Wire Fraud Scheme

Gailyn Markham by Gailyn Markham
Friday, March 5, 2021 3:15 pm

CHARLESTON, WV (LOOTPRESS)  – United States Attorney Mike Stuart announced today that Ricky V. McLaughlin, 63, of Belpre, Ohio, pled guilty to wire fraud.  McLaughlin faces up to 20 years in prison when sentenced on March 17, 2021.

“What a fraudster,” said United States Attorney Mike Stuart.  “For more than four years, McLaughlin defrauded multiple customers of a significant amount of money. If not for the efforts of the Parkersburg Police Department, McLaughlin probably still would be ripping off classic car lovers.”

McLaughlin operated the McLaughlin Motor Car Museum located in Parkersburg. McLaughlin sold collector cars, including various Pontiac Trans Am classic cars to individuals, and customers would send their collector cars to McLaughlin for restoration.  Sometimes customers would buy collector cars from McLaughlin and the Motor Car Museum and then ask him to resell these collector cars at a later date on consignment. McLaughlin admitted that for more than four years, he stole money and defrauded multiple customers through a wire fraud scheme. As part of his fraud activities, McLaughlin admitted he would sometimes sell individuals various Pontiac Trans Am classic cars, but refused to provide the customers with either the titles to the vehicles or the vehicles themselves. At other times, McLaughlin would sell the same Pontiac Trans Am to multiple customers or sell Pontiac Trans Am cars on consignment, but refused to remit the sale proceeds of the collector cars to the car owners.

Throughout his scheme, McLaughlin defrauded multiple individuals of hundreds of thousands of dollars.  As part of his plea agreement, he agreed to pay at least $150,000 in restitution.

The Parkersburg Police Department conducted the investigation.  United States District Court Irene Berger presided over the plea hearing. Assistant United States Attorney Kathleen Robeson is handling the prosecution.

A copy of this press release is located on the website of the U.S. Attorney’s Office for the Southern District of West Virginia. Related court documents and information can be found onPACER by searching for Case No. 2:20-cr-00182.

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Gailyn Markham

Gailyn Markham

Gailyn Markham is a multimedia journalist for Lootpress. She joined the Lootpress staff in November of 2020. Gailyn graduated from Concord University in May of 2019 with a BA in English Journalism and a minor in Sociology. During her time there, she was a staff writer for the school’s newspaper, “The Concordian,” and received the 2019 Outstanding Journalist Award for her work. Before joining the Lootpress team, Gailyn interned for The Register-Herald and, upon completing her internship, was asked to continue working as a freelance writer. She freelanced for the newspaper for two years. A West Virginia native, Gailyn has always been devoted to telling the stories of the Mountain State. When she isn’t working, she enjoys taking advantage of West Virginia’s many outdoor adventures, reading, and renovating her home with her husband, Chris. For news tips or story ideas, email Gailyn at gailynmarkham@lootpress.com. You can also follow her on Facebook.

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