Scott V. Spina Jr., 25, of Roseland, New Jersey, pleaded guilty in February to one count of mail fraud, three counts of wire fraud and one count of aggravated identity theft.
“Defendant Spina intended to obtain the three rings by fraud and sell them at a substantial profit,” the press release read, citing court documents.
Spina then told a prospective buyer in California, who made a three-payment deposit, that the rings were from Brady’s nephews, according to the statement. The man agreed to buy the rings for $81,500, ‘nearly three times what Spina paid’, but ultimately backed out of the deal, due to doubts Brady had nephews, according to the press release.
In November 2017, Spina sold the rings to an auction house for $100,000, prosecutors said. Three months later, one of the rings sold at auction for $337,219.
As part of his plea deal, Spina will pay $63,000 in restitution to the former player, who has not been identified. Prosecutors said Spina “defrauded the former player by paying for the ring with at least one bad check.”