Baywatch Fraud

1 decade 1 year 11 months ago Tuesday, November 20 2007 Nov 20, 2007 Tuesday, November 20, 2007 5:43:02 AM CST November 20, 2007 in News
Source: (Copyright 2007 The Associated Press All Rights Reserved.)
KANSAS CITY (AP) - A federal judge in Kansas City has sentenced a man to prison for defrauding investors who thought his company was linked to the "Baywatch" TV series. Fifty-three-year-old David William Port was sentenced today to three years and eight months in prison. He was also ordered to pay almost $167,000 in restitution. Port admitted in July that he falsely told potential investors that his Kansas City-based company held syndication and merchandise rights to the lifeguard drama "Baywatch." He also told the investors he planned to open "Baywatch"-themed restaurants and that "Baywatch" star David Hasselhoff was planning to invest, neither of which was true. Prosecutors say Port bilked 18 investors in the U.S. and Britain out of almost $360,000.

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