SAN FRANCISCO -- A 68-year-old man that was living outside the U.S. has been deported back to the states and will face federal fraud charges.
Richard Macadangdang Sales made his first court appearance on Friday from San Francisco. He is accused of cheating investors out of more than $900,000.
In December 2017, a federal grand jury in Eugene indicted Sales on four counts of wire fraud and one count of money laundering.
The indictment alleges that between 2011 and 2013, investors were led to believe Sales was using their money to recover hundreds of millions of dollars' worth of U.S. Treasury Notes that were in East Asia and the Pacific. The indictment states that the investors believed Sales was building houses for victims of natural disasters as part of the recovery process. Investors were told they would see returns as high as 100 percent.
Sales was deported from Indonesia on January 11, 2018. He had been living outside the U.S. since 2012. FBI agents picked him up and escorted him back to the U.S. and arrested him after touching U.S. soil.
Sales will be transferred back to Oregon for further court proceedings.
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