Investigations

On November 1, 2021, Seth Nezat was sentenced in the U.S. District Court for the Southern District of Ohio to time served in custody, 3 years of supervised release, and a $100 special assessment. On January 28, Nezat pleaded guilty to one count of participating in a racketeering conspiracy related to a moving company enterprise.

 

Beginning in or around February 2014, Nezat participated in a scheme to defraud, extort, and steal from customers who hired moving companies to move their household goods. The moving companies obtained customers by providing low binding estimates, but then increased prices, inflated the volume of the goods, and held goods hostage after loading them onto the truck. After customers complained, the conspirators opened new moving companies, falsifying information to fraudulently receive operating licenses from FMCSA. The scheme defrauded more than 1,800 victims. In total, the conspiracy is valued at $1 million to $3.5 million.

 

DOT-OIG conducted this investigation with the Federal Bureau of Investigation.