Iredell County authorities have accused a Mooresville business owner of pocketing the money from the sale of others’ boats and trailers.
Seth Bloom, 23, owner of Monster Marine in Mooresville, was arrested Monday and charged with four counts each of obtaining property by false pretense and conversion by bailee. He was jailed under $60,000 bond, deputies said.
Investigators said they received several complaints in recent months from boat owners who had consigned their watercraft and trailers to Bloom, so he could sell them. Detectives said they determined that Bloom sold several boats and trailers to people who live outside Iredell County, then allegedly pocketed the money.
According to investigators, Bloom sometimes did not provide the buyers with titles to the boats and trailers.