Let’s know the ‘Fraudster Who Poses as Oil Baron Son’ A guy from Texas pleaded guilty earlier this month to a single count of wire fraud after being discovered by the prosecution in a fraud scheme in which he defrauded roughly 50 people and businesses in 2020 and 2021 for an estimated $1.5 million in cash, products, and services.
According to the United States Attorney’s Office for the Northern District of Texas, Nicholas Bryant, now 26 years old, made up positions at “fictitious companies” and claimed to be the son of “rich oil and gas investors.”
Fraudster Who Poses as Oil Baron Son: Bryant manipulated accounting software to look as though he was paying vendors, taking advantage of Quickbooks’s delay in notifying a vendor of a canceled payment. Then he would ghost the businesses he had cheated.
Prosecutors claimed that by doing this, the guy was able to secure more than a dozen private jet trips, a half-day sail on a 90-foot boat, multiple luxurious hotel rooms, lavish steak, and champagne meals, and five luxury vehicles totaling more than $500,000, just to name a few. On a $980,000 home and pool, he also ran up a sizable expenditure for materials and labor.
Fraudster Boasts About How “Amazing” Living The High Life Was.
Even though he claims to regret it, he spent a lot of time boasting about how much fun he had in text messages and a phone call with The Daily Beast. Perhaps he did this in the hopes of receiving mercy when he is punished.
“I flew on private aircraft and stayed in the priciest hotels and Airbnb. went deep sea fishing and explored every avenue available,” Bryant claimed. “I purchased and operated five different luxury vehicles.”
“My trip to [Turks and Caicos] was by far my favorite. I was on the island for two weeks, sailing and fishing. My lodging cost $30,000 per night. It was incredible, he continued.
He also defrauded people by claiming to be the son of wealthy oil executives but that he had been cut off and was in need of money.
He grinned as he told the Daily Beast, “I understood how to play the character.
To The Daily Beast, Eggemeyer Admitted
Bryant even “hired” a boyhood acquaintance to work with him at GPS International, a legitimate corporation. But with Bryant making excuses about why he wasn’t being paid, Hayden Eggemeyer eventually called the company — and found out that neither he nor Bryant worked there.
“I don’t see why he would do it, still. Eggemeyer admitted to The Daily Beast that they were buddies. “If he wasn’t a scumbag, he could have been very successful. He is really persuasive.
Bryant’s actions were so egregious that U.S. Attorney Chad E. Meacham likened him to false heiresses Frank Abagnale and Anna Sorokin, whose deception mostly involved convincing others that he had committed fraud.
Trying to be humble, Bryant told the Daily Beast he thought it was “crazy” to compare him to well-known swindlers who now have a movie (Abagnale) and a Netflix program (Sorokin) about them, then added that his narrative definitely has them beat.
“My narrative might be wilder than theirs! I almost promise it!” he exclaimed.
Bryant’s sentence has not been given a specific date.