Police nab 20 suspects in $126M telemarketing scheme

Federal investigators and Huntington Beach police teamed up Tuesday to arrest 20 defendants named in an indictment alleging a telemarketing scheme involving toner for copiers and printers that ripped off thousands of victims of $126 million.

The indictment, which was unsealed Tuesday, alleges there were more than 50,000 victims who paid more than $126 million for printers and photocopiers at prices 10 times higher than the regular retail value, according to federal prosecutors.