Man steals ownership of 78-year-old's yacht, leaves him homeless in CA, feds say
Briefly

John Tamahere McCabe, a 42-year-old from Kailua, Hawaii, pleaded guilty to defrauding a 78-year-old California man out of nearly $2 million. McCabe initially offered to assist the man in selling his 44-foot yacht but instead took ownership of the vessel through false documentation. He later scammed the elderly man out of the deed to his Orange County condo, leaving him homeless. The scheme spanned from July 2017 to January 2024, leading to charges of wire fraud against McCabe by a federal grand jury.
McCabe's scheme began in July 2017 and lasted until January 2024, defrauding the victim of nearly $2 million, leaving him homeless.
The victim, a 78-year-old man recently bereaved and without family support, lost his assets to McCabe's fraudulent actions.
Read at Sacramento Bee
[
|
]