Suspected Ponzi Scheme Fugitive Alan May Arrested in San Francisco
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The 45-year-old, wanted by the U.S. Secret Service for defrauding folks of more than $7 million in an oil and gas scheme, had traveled here from Cypress, Texas and taken on multiple identities.
He rented an expensive apartment and was throwing a lot of money around, according to Johnny Sanford, a public affairs officer with the United States Marshals Service stationed in the Northern District of California. May's aliases included Mark Mangum, Mark Hanson, Brian Peirce, and Justin Gore.
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May apparently came nowhere near pulling a Richard Kimble. The United States Marshals Service apprehended him June 4 at a hotel near Mason and O'Farrell Streets. He was incarcerated at the Alameda County Jail, and today appeared before a U.S. Magistrate judge. He is likely awaiting extradition to the Dallas-Forth Worth area, Sanford said.
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