Teen convicted for eBay scam

Cole Bartiromo, a 19-year-old in California, will go to prison for defrauding users of eBay's auction services. He was sentenced to 33 months and ordered to pay $20,000 back to eBay users to whom he sold items he never sent, The Register reports. This was not his first exploit. "He was also found guilty of bank fraud for trying to convince a Wells Fargo employee to wire $400,000 to an offshore account he had set up," and, when he was 17 and still in high school, the SEC made him pay investors back $900,000 after he scammed them for $1 million, claiming to offer risk-free bets on sporting events.