NEW YORK (AP) — A convicted con man arrested on charges he impersonated his successful father in a failed bid to buy Maxim magazine was ordered held on $1 million bail Thursday.
Calvin Darden Jr., 39, was arrested Wednesday on wire fraud charges that carry a potential prison term of up to 40 years. Nearly a decade ago, he pleaded guilty in a scam that cost investors millions of dollars and was sentenced to four to 12 years in prison and ordered to repay nearly $6 million.
This time, federal prosecutors said the Staten Island man fooled two lenders into providing more than $8 million in financing for the potential acquisition of Maxim magazine and tried to defraud another victim of about $20 million in the quest. They said he also caused a Taiwan-based company to pay him $500,000 by falsely claiming that he needed a down payment for a New York Knicks exhibition game he was arranging to be played in Taiwan.
U.S. Magistrate Judge Andrew J. Peck set bail at $1 million and ordered electronic monitoring after Assistant U.S. Attorney James Pastore Jr. sought detention, saying Darden forced authorities to chase him before his surrender. He said Darden claimed he was on Long Island when he was actually at a Teaneck, N.J., hotel, where he left his car before finding another way into Manhattan.
Pastore also said documents found in Darden's home indicate he might have been perpetrating other frauds and other victims might emerge.
Darden's attorney, Xavier Donaldson, declined to comment outside court, but he told the magistrate judge that Darden had never failed to show up for a court appearance.
Donaldson also protested when prosecutors tried to insist that Darden's father sign the bail package, which requires $300,000 in cash or property be posted as collateral. Donaldson said it would be inappropriate, though he added that Darden's family was prepared to do what was necessary to ensure Darden was released.