Saint Jovite Youngblood Found Guilty of Multi-Million Dollar Fraud

Conviction of an Alleged Conman

In Austin, Texas, alleged fraudster, Saint Jovite Youngblood, was convicted of wire fraud and money laundering on Tuesday, securing a near certainty of incarceration that could last up to 90 years. Accused of swindling several victims across the nation out of millions, Youngblood, 52, utilized a threatening scheme that played on fear and violence. He successfully manipulated his victims into believing that their lives were in danger due to hits placed on them by dangerous Mexican cartels.

He targeted at least 20 victims, focusing primarily on the elderly and affluent populace. His victims were hoodwinked into parting with substantial amounts of money under the guise of guaranteeing safety from these supposed Mexican cartels.

Notable Victims

Among his victims was philanthropic Austin businessman Eric Perardi, known for his development of Cedar Park’s Crossover sports and entertainment complex. Betrayed by Youngblood, Perardi stated he had disbursed around $900,000 in a bid to ensure his children’s safety from the fictional threats.

Expressing his relief at the conviction, Perardi stated, “Justice was served. The FBI and the U.S. attorney believed us, put together a case really quickly, and though none of us can ever get our lives back, knowing that he can’t do this to other victims is a huge weight lifted.”

Fabricated Credentials and Lavish Tactics

Authorities disclosed that Youngblood had falsely presented himself as a part of the Delta Force special operations unit of the U.S. Army. Using his phony credentials, he offered non-existent protection to his victims – promising them shelter from the proclaimed cartel violence. However, a thorough investigation by federal agents revealed that the funds Youngblood received were chiefly used to finance his frequent lavish junkets to Las Vegas, where he gambled heavily.

U.S. Magistrate Judge Mark Lane was taken aback by the audacity of Youngblood’s deception, stating that it was “the most massive pattern of intimidation of threats and violence and death I have ever seen.” Youngblood’s day of reckoning is expected in the coming months where he will be sentenced by U.S. District Judge Robert Pitman.