PMY - Power&Motoryacht

A phony Florida boat contractor faced a fateful deadline recently: Either return $90,000 in cash to his victims or spend eight years in state prison.

In November, Julius “Butch” Nesbitt was handed a 12-year prison sentence three years after he was believed dead. Prosecutors say he faked his death while boating in 2007 to avoid charges of selling oxycodone in South Carolina.

U.S. Attorney Bill Nettles said Nesbitt staged an accident while free on bail. He cruised his 32-footer into the bay, abandoned ship, and left behind his wallet, fishing gear, and personal effects. He even left the engine idling.

A Titanic Mistake

The Titanic didn’t sink because of design or engineering problems but simply because her helmsman turned right when he should have turned left. read...