The Atari’s were once one of the most popular pop-punk bands of the 1990’s, and now, their former leader singer is in a shit-ton of trouble. According to local news reports, Michael Davenport is facing up to 30 years in prison after defrauding over 100,000 people out of upwards of $27m.
Prosecutors in the case claim that Davenport helped found the phony company American Standard, a fictitious real estate agency that doesn’t actually exist. American Standard would go on over the course of at least four years to trick people into thinking that particular homes of interest were actually for sale.
But in fact, the $199 fee to get a “listing of homes” was actually bogus, and, we mean that literally. Indictments say that Davenport managed to get 100,000 people to pay $199 per person to view a list of homes that were either not for sale or didn’t exist at all. On Wednesday, he and co-conspirator Cynthia Rawlinson appeared in federal court on multiple charges including wire fraud; intent to defraud, real estate fraud, among at least a dozen other charges.
The duo managed to accumulate more than $27m in fraud funds from people before Michael was arrested over the fall of last year at the Bill & Hillary Clinton Airport in Arkansas with $104,000 in cash on him at the time.