Puyallup man sentenced to 10 years for Alaska fraud scheme

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

ANCHORAGE, Alaska — A federal judge in Anchorage, Alaska, has sentenced a 56-year-old Washington state man to 10 years in prison for defrauding Alaskans out of $2.7 million.

Floyd Mann, Jr., of Puyallup was convicted in July of 11 wire fraud counts and eight money laundering counts.

Judge Timothy Burgess called Mann a “dogged, determined, charlatan” who caused permanent financial and emotional damage to dozens of people.

Mann told victims in Dillingham and elsewhere that he’d won a multimillion-dollar settlement from a class-action lawsuit with a pharmaceutical company.

He promised victims large returns if they paid his medical bills and expenses related to the lawsuit.

Mann used victims’ money to gamble and collected more than $1 million in jackpots while receiving need-based Social Security benefits.

He was ordered to pay full restitution.