23-year-old Seth Andrew Bloom has been arrested by Iredell Co. Sheriff’s Officers and charged with four counts of obtaining property by false pretense and four counts of conversion by bailee.
Within the past two months, several victims reported that they had consigned their boats and boat trailers to Seth Bloom to be sold. Bloom is the owner of Monster Marine in Mooresville.
An investigation by the Sheriff’s Economic Crime Unit revealed that Bloom sold several of the boats and boat trailers to persons who lived outside of Iredell County. Bloom collected money from the sales, but did not provide the new owners with the titles to the boats and trailers. Bloom also failed to pay the previous owners for the sale of their property.
Bloom was arrested Monday (June 30) and placed in the Iredell County Jail under a $60,000 secured bond. His next appearance in District Court was set for September 15.