A 53-year-old Longmont man has been indicted on charges of running a charitable fraud scheme over the Internet that took in more than $180,000 from at least 707 victims.

According to a state grand jury indictment, Mark L. Schifter used the Web site of his company, Perpetual Technologies, which sells high-end audio and stereo equipment, to advertise numerous charity raffles. The Web site, www.AV123.com, has an active users forum with hundreds of members around the country.

The indictment says Schifter ran at least 27 known charity raffles between October 2004 and August 2009. He would offer desirable stereo equipment as prizes and a write emotional appeals for charities ranging from the Dana-Farber Cancer Institute to the American Red Cross to The Children's Hospital of Denver. Sometimes he would solicit donations for real people who were actually sick.

According to the indictment, only $29,500 was given to the charities. Schicter kept $150,534 for himself...

......Schicter[sic] was arrested on Friday afternoon and booked into the Boulder County Jail.....

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