Sergio Corona: Owner Of Sea Shell Store Put In Fake $28K Claim Over Gulf Spill, Feds Say

Sergio Corona sells sea shells down by the sea shore -- or so he'd have the federal government believe.

Corona is the first person indicted in the Southern District of Texas for fraud in connection with the Deepwater Horizon spill. Prosecutors said he put in a claim for $28,400 to the $20 billion fund set up by BP for reparations.

His "Sea Shell Jewelry & COllectibles" lost $28,400 because of the spill he says. No it didn't, say the feds.

It's not clear from the indictment if any such business ever even existed, but it is clear the feds say the claims Corona put in were bogus.

"Thousand of deserving victims are relying on the trust fund created by BP to restore their losses resulting from the Deepwater Horizon disaster," said Moreno. "Fraud upon the trust fund threatens to re-victimize those who truly experienced losses and will not be tolerated. The Southern District of Texas will aggressively investigate and prosecute anyone who attempts to deprive victims of the compensation they deserve."

Corona, 36, of Rancho Viejo, is out on bond. If convicted of wire fraud as alleged in the indictment, Corona faces a maximum of 20 years imprisonment as well as a $250,000 fine.

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