California Attorney General Becerra Announces Sentencing of Sean Sadgan for Operating Nearly $4 Million Elaborate Fraudulent Scheme

California Attorney General Becerra Announces Sentencing of Sean Sadgan for Operating Nearly $4 Million Elaborate Fraudulent Scheme

SACRAMENTO, CA (STL.News) – California Attorney General Xavier Becerra Friday announced the sentencing of Sean Sadgan for creating a false business, Electroconcepts, in order to operate an elaborate fraudulent scheme in Los Angeles County.  Mr. Sadgan stole approximately $4 million from 48 companies by establishing lines of credit using false information.  After gaining the trust of the companies by purchasing and paying for small quantities of merchandise, Mr. Sadgan then ordered large quantities that he failed to pay for and later sold. 

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