Daylon G. Pierce, who also goes by the name of Daylon Jung, was sentenced to nearly 16 years behind bars after he pleaded guilty to two counts of fraudulent schemes and artifices.
Daylon had several profiles on various dating websites — Match.com, PlentyofFIsh.com, Tinder, and a few others — and convinced women he met on the sites to invest thousands of dollars in his fraudulent schemes.
Pierce between 2013 and 2016 told the women he sparked romances with that he was licensed stockbroker. Instead of investing their funds, however, he’d use the money at casinos, nightclubs and strip clubs, according to officials.
There is no record indicating he is a licensed stockbroker.
Tara DeGrazia, one of his victims, said he asked her questions relating to her credit, like if she was financially capable of buying a house or a car. He said he’d help her invest so that she’d be able to pay off her student loans.
“I had just gotten a divorce,” she told ABC 15. “I was vulnerable and he ‘wowed’ me.”
Another victim, who wished to remain anonymous described Pierce as “very charming,” but quickly learned he was only searching for women with “a good credit score.”
One of his victims invested $240,000, which included a portion of her 401K funds. Another gave Pierce a $100,000 loan. A restitution hearing will be scheduled on a later date.
Pierce in 2013 was released from prison after a 13-year prison sentence for theft, trafficking theft, and gang activity, according to the news station.
Now, Daylon was wrong — but these women should have known better.