JACKSONVILLE, Fla. \u2014 A federal court judge sentenced James Elliott Davis, II, 37, of Ponte Vedra Beach to more than seven years in prison for crimes related to a Covid-era scheme involving the sale of personal protective equipment, including masks.<\/p>\n
According to a new release, Davis plead guilty plea to bank fraud, wire fraud, and money laundering. As part of his sentence, the court ordered Davis to forfeit more than $6.7 million he received in the scheme.<\/p>\n
From March 2018 through 2022, prosecutors said Davis ran a purported medical supply company, Medisale Inc. and enticed individuals and businesses to invest large sums.<\/p>\n
He did it by falsely claiming falsely Medisale was making big profits. He said the company was working with hospital CEOs and had contracts to sell large volumes of N95 masks and other PPE.<\/p>\n
>>> STREAM ACTION NEWS JAX LIVE <<<<\/a><\/p>\n As part of convincing victim-investors to give him money, Davis showed fraudulent bank statements with large balances, claiming the money was from the sale of PPE.<\/p>\n \u201cExploiting the fears of individuals and businesses for profit during a national crisis is untenable,\u201d said U.S. Attorney Gregory W. Kehoe said in the news release. \u201cToday\u2019s court judgment sends a clear message that this type of fraudulent behavior will not be tolerated.\u201d<\/p>\n [DOWNLOAD: Free Action News Jax app for alerts as news breaks<\/a>]<\/p>\n This case was investigated by the Federal Deposit Insurance Corporation – Office of Inspector General, the Florida Department of Law Enforcement, and the Internal Revenue Service \u2013 Criminal Investigation. <\/p>\n [SIGN UP: Action News Jax Daily Headlines Newsletter<\/a>] <\/p>\n Click here<\/a> to download the free Action News Jax news and weather apps, click here<\/a> to download the Action News Jax Now app for your smart TV and click here<\/a> to stream Action News Jax live.<\/p>\n Action News Jax Top Stories<\/p>\n","protected":false},"excerpt":{"rendered":"JACKSONVILLE, Fla. \u2014 A federal court judge sentenced James Elliott Davis, II, 37, of Ponte Vedra Beach to…\n","protected":false},"author":2,"featured_media":377092,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[344,347,28,348,116,351,118,117,349,350,346,345],"class_list":["post-377091","post","type-post","status-publish","format-standard","has-post-thumbnail","category-jacksonville","tag-action-news-jax","tag-cbs47","tag-florida","tag-fox30","tag-jacksonville","tag-jacksonville-fl","tag-jacksonville-headlines","tag-jacksonville-news","tag-northeast-florida","tag-southeast-georgia","tag-wfox","tag-wjax"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/377091","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=377091"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/377091\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/377092"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=377091"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=377091"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=377091"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}