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Vending machine scammers to serve sentence for $11 million fraud

Father and son Kenneth and Taylor Levin have recently been found guilty of running a fraudulent vending kiosk business, scamming investors out of $11 million.

February 10, 2016

Father and son Kenneth and Taylor Levin have recently been found guilty of running a fraudulent vending kiosk business. The pair stole $11 million from their investors from 2005 to 2011, according to a reportby NYDailyNews.

Kenneth and Taylor promised large returns from its vending machine "business opportunities," according to prosecutors. The pair told their 1,300 investors that if they purchased five or 10 vending kiosks, they would deploy the kiosks in highly profitable areas, according to the report.

The men were found guilty both of conspiracy to commit mail fraud and wire fraud and of committing mail fraud and wire fraud. Each count has a maximum sentence of 20 years. The men will be formally sentenced in April.