• by Ray Schultz , October 16, 2022

Rhonda Jean Moulder of Cape Carol, Florida  has pleaded guilty to her alleged role in a $300 million magazine scam that preyed on the elderly.

Moulder worked as a manager for companies involved in fraudulent magazine sales, including Gulf Coast Readers Inc., ARCO Media Inc., KMK Magazines Inc., and Leisure Time Resources Inc. according to U.S. Attorney Andrew M. Luger.

Her role was to managing telemarketing call centers and respond to Better Business Bureau complaints from victims, Luger says.

Moulder pleaded guilty on Friday in U.S. District Court for the District of Minneosita before Judge John R. Tunheim to one count of conspiracy to commit mail fraud. A sentencing hearing will be scheduled at a later date 

The case resulted from an investigation by the United States Postal Inspection Service and the Federal Bureau of Investigation. Assistance was also provided by the Treasury Inspector General for Tax Administration (TIGTA) and the Minnesota Attorney General’s Office.

Rhonda Moulder operated under the direction of her co-defendant and brother, Anthony Eugene Moulder of Fort Myers, Florida, who had ultimate control over the companies, Luger adds,