NEWPORT NEWS, Va. – A man was sentenced to 30 months in prison for mail and wire fraud charges based on a scheme to defraud photography company Canon, U.S.A. and other photography-related businesses.
Nader Elnegery, 41, was also ordered to pay $54,639 in restitution and give back $38,000 found in his home.
Elnegery pleaded guilty on January 13.
Court documents say Elnegery admitted to falsely certifying his eligibility for membership in a Canon program for professional photographers and filmmakers.
In 2013 and 2014, Elnegery applied for memberships in his own name and the names of five aliases. He falsely claimed to own several pieces of professional camera equipment that he rented from another photography company, ATS Rentals.
Elnegery then used the Canon memberships to loan high-end professional cameras and lenses from Canon. He failed to return equipment he rented from Canon and ATS Rentals, resulting in major losses to both companies. In March and April 2014, Elnegery sold most of the camera equipment on eBay, collecting the money from the sales through a PayPal account.
Elnegery transferred the majority of the money he earned from the sales into his own checking account. Items not sold were recovered from Elnegery’s home.