Mississippi man pleads guilty to Facebook Marketplace fraud

Published 9:20 pm Monday, January 8, 2024

A Jackson man pleaded guilty to conspiracy to commit wire fraud through Facebook Marketplace.

According to court records, Jerrick Floyd, 24, conspired with others to organize a scheme to defraud individuals selling vehicles on Facebook Marketplace. The victim would receive a fake cashier’s check or wire transfer to their bank and Floyd would arrange for an accomplice to pick up the vehicle before the victim discovered they had been deceived.

Floyd will be sentenced on April 3.

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He faces up to 20 years in prison. A federal district judge will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors.

U.S. Attorney Todd W. Gee of the Southern District of Mississippi and Acting Special Agent in Charge Jessica Orench of the Federal Bureau of Investigation made the announcement.

The case was investigated by the Federal Bureau of Investigation.

Assistant U.S. Attorney Lynn Murray is prosecuting the case.