Man accused of fraud scheme totaling $1.5 million dollarsPosted: Updated:
SCOTTSDALE - The following is a press release from the Scottsdale Police Department:
On August 14th SPD was contacted by a fraud victim who told us that the suspect, Theodore Leombroni, had used a ruse to scam money from her. The suspect told her that he had a patent pending on an automobile safety device and needed investors. Investigation led to a total of 6 women located throughout the valley and Tucson. Each of the women said that Leombroni used the same scheme and also stated that he was investing in coal mines outside of the United States.
It is believed that Leombroni fraudulently took over $1.5 Million over the course of the last four years, including over $1 Million from a single victim.
Leombroni previously was convicted of fraud schemes in 1994 from Cochise County and spent 2 years in prison for that prior conviction. He has also admitted that he has a gambling addiction and has met his victims at various bars and casinos. Leombroni is being held in the County Jail on $200,000 bond.There may be additional victims of his scam. Anyone with information is encouraged to call SPD at 480-312-5000.