PHILADELPHIA – April 24, 2007 – He lived the good life in the fast lane, traveled with the rich and famous, but it all came to a dead end for Peter Brotman in federal court today.
Brotman’s family and friends packed the courtroom asking the judge for leniency.
The 47-year-old resident of Newtown Square admitted that he defrauded at least seven people and a bank to the tune of almost $2-million.
He did it by promising to sell their expensive classic cars for a commission.
He sold the cars, but never paid the owners.
Among the victims: actor Nicholas Cage, who lost $300,000 on the sale of three Ferraris and a Cobra.

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This entry was posted on Wednesday, April 25th, 2007 at 9:25 am.