A Connecticut man has avoided jail time after fraudulently obtaining over 100 gold coins and transporting them across state lines, federal officials announced. William Dawson, 52, was sentenced on Wednesday to five years of probation and ordered to pay restitution for his crimes.
Dawson, whose specific town of residence was not disclosed, pleaded guilty in April to charges of interstate transportation of property taken by fraud. Under the terms of his sentencing, Dawson will serve one year of home confinement as part of his probation, according to a statement from U.S. Attorney for the District of Massachusetts, Leah B. Foley.
Had Dawson been convicted of the fraud-related charge, he faced a potential prison sentence of up to 10 years.
The case dates back to December 2022 when a Massachusetts-based home cleanout business was hired to manage the contents of an estate in Shrewsbury. During the cleanout, the business discovered 170 Queen Elizabeth II Canadian Gold Maple Leaf Coins, valued at approximately $290,000. These coins were later fraudulently obtained by Dawson and transported out of Massachusetts, authorities said.
The investigation revealed that Dawson’s actions were part of a larger scheme involving the interstate transportation of stolen property.
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