Weird News - Fugitive fraudster pleads guilty again

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Fugitive fraudster pleads guilty again

SALT LAKE CITY (UPI) -- A Utah man who was found alive and well in a casino after e-mailing his lawyer a fake suicide note has pleaded guilty for the second time to fraud.

Jeffrey Geddes, 40, faces decades in prison because his previous plea agreement was canceled, The Salt Lake Tribune reported. Federal prosecutors had agreed to seek no more than 10 years.

Geddes repeated his original guilty plea to 52 counts of bank fraud and four counts of wire fraud at a hearing Monday. He also pleaded guilty to failure to show up for sentencing.

Investigators say Geddes used a $30 million line of credit from Home Depot on a $10 million house in Park City and other expenses. The money was supposed to be working capital for Adagio Stone, a company that supposedly supplied tile to Home Depot.

Geddes entered a guilty plea in November. In February, he sent his lawyer an e-mail saying he was heading up in the mountains to die in a place where his body would remain hidden.

U.S. marshals caught up with him in a San Diego casino.

This time, Geddes will remain behind bars pending his sentencing, scheduled for Jan. 7, 2010.

Copyright 2009 by United Press International

This news arrived on: 10/21/2009

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