PHOENIX –Attorney General Mark Brnovich announced a State Grand Jury indicted Lawrence Raymon Pargo, of Goodyear, for his alleged involvement in a mass marketing scheme offering individuals fraudulent opportunities to work from home.
It is alleged that between March 28, 2014, and March 19, 2015, Pargo was the sole owner of Buyers Cash Club, a telemarketing company that solicited individuals by phone to purchase ownership shares of the company, advertising packages, and websites purporting to sell products from various retailers at 50 percent off the retail price. Pargo, through his business Buyers Cash Club, is accused of not having agreements in place with the retailers that he purported to have and that the individuals that bought items from his business did not receive what they purchased.
Lawrence Raymon Pargo is facing:
- Two Counts of Fraudulent Schemes and Artifices, a Class 2 Felonies
- One Count of Money Laundering, a Class 2 Felony
- Two Counts of Illegal Control of an Enterprise, as Class 3 Felonies
- Three Counts of Theft, as Class 2 Felonies
- Three Counts of Theft, as Class 3 Felonies
All defendants are presumed innocent until convicted in a court of law.
This matter was investigated by the Federal Bureau of Investigation. Anyone with additional information on this case is urged to contact the Phoenix Field Office of the Federal Bureau of Investigation at 623-466-1999 or submit a tip at tips.fbi.gov.
Copy of the indictment.
Below is the booking photograph for Pargo.