⏱ 2 min read
Jason Knobloch, a 56-year-old business owner from Lancaster, NY, has been arrested and charged with bank fraud for running a scheme that defrauded over 30 customers out of more than $1 million. The scam, which started in February 2021, involved the sale of forklifts and other equipment through companies controlled by Knobloch, including KJJK Equipment Sales and Clover Lift Equipment. Victims were lured in through online searches and paid for equipment that was either never delivered or was of lesser value than what was ordered.
Knobloch and his co-conspirators would initially provide excuses for the delayed or missing equipment, but eventually stopped responding to customer inquiries altogether. In some cases, partial or full refunds were given, but only after the company was threatened with legal action. The investigation also uncovered attempts by Knobloch to deposit checks using customers’ bank account information without their knowledge.
The scheme resulted in approximately 32 victims losing over $1 million. Knobloch faces up to 30 years in prison and a $1 million fine if convicted. The case is a stark reminder of the dangers of online scams and the importance of thoroughly researching companies before making a purchase.
The investigation was conducted by federal authorities, including the FBI, and highlights the ongoing efforts to combat financial crimes in the Western New York region. As the case moves forward, it is likely that more details will emerge about the scope and complexity of the scheme.
📋 Key Facts
- Crime: Fraud & Financial Crimes
- Defendant: New York
- Location: NY
- Source: DOJ Press Release
MORE FEDERAL CRIME NEWS
US NewsUS NewsUS NewsUS News