- Associated Press - Thursday, August 7, 2014

OREGON CITY, Ore. (AP) - A 74-year-old man known as a notorious conman who was arrested in Chicago trying to pull off a gold coin scam is now jailed in Oregon with bail set at $1 million.

The Oregonian reports (https://is.gd/n3FqGv ) the bail set Wednesday for Nickolas John Kasemehas in Clackamas County Circuit Court is extraordinarily high for aggravated theft charges.

If convicted of all the charges he faces in Clackamas, Marion and Multnomah counties, he could receive 30 years in prison.

Kasemehas was awaiting trial in April when he cut off an electronic monitoring device in Portland and fled.

He was arrested in June in Chicago where he told a man he knew where to buy gold coins at a low price that could be resold at a profit. The suspicious man called police.


Information from: The Oregonian, https://www.oregonlive.com

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