Lowell man pleads guilty to $3.5M scheme to defraud people desperate to get out of timeshare contracts
Michael McDonagh, of Lowell, created a series of California companies to milk unhappy timeshare customers out of $3.5 million though a cycle of lies and fraud and has pleaded guilty to one count of wire fraud, setting him up for up to a 20-year share in prison.
Source: bostonherald.com