According to court documents, Saint Jovite Youngblood, aka Kota Youngblood, 51, allegedly committed wire fraud against his victims by claiming Mexican drug cartel members were planning to commit violence against them.
Youngblood falsely claimed to be part of the elite U.S. Army’s Delta Force and the CIA and offered protection to his victims from drug cartels in exchange for money totalling over $12 million.
Youngblood also represented that funds obtained from his victim “investors” would be paid back with a significant return on the money. Instead, Youngblood allegedly used most of the money on junkets to Las Vegas to gamble in casinos.
Youngblood defrauded 32 victims for more than $12 million. He was arrested July 31, 2023 and convicted by a federal jury April 23, 2024.
Real estate developer Eric Perardi was one of the victims, he went undercover.
Fake Los Zetas Threats
Eric Perardi, an Austin real estate developer, had been warned the night before that the call from Saint Jovite Youngblood would arrive from a blocked number. Youngblood, whom Perardi had known for five years, told the developer that he’d be there within the hour with urgent, troubling news that had to be delivered in person.Clad in his signature all-black cargo pants, dark-colored T-shirt and Crocs, Youngblood bounded into Perardi’s Steiner Ranch home. Against the chirping of the birds, the two men paced back and forth on Perardi’s balcony that June 2022 morning with the backdrop of a majestic Hill Country overlook.
“Look, I found out a really frightening piece of information,” said Youngblood, who Perardi believed was a top-secret federal agent with high-level CIA clearance.
He explained that Los Zetas, a Mexican drug cartel known for its viciousness and even beheading rivals, had put out a hit on Perardi and his children — that they could be kidnapped and killed as soon as that day. Perardi, whose projects include the Crossover in Cedar Park and medical office parks, sank in a chair, still in his pajamas, with head-to-toe terror.
“They believe I had all this money from projects I’ve done,” he remembers Youngblood telling him. He also said the cartel knew that Perardi had a multimillion-dollar life insurance policy.
Perardi said Youngblood offered instant protection: Perardi could give him $70,000 that he’d use to pay off the cartel. Perardi wrote him a check right then and there. And over the next several months, Perardi and federal investigators say, he paid Youngblood up to $900,000 that he had believed Youngblood used to satisfy cartel demands.
Federal documents say it was an epic fraud — a magistrate judge called the crimes “the most massive pattern of intimidation of threats and violence and death I have ever seen” — that ensnared at least 20 victims in Austin and across the nation.
In a made-for-TV moment, federal investigators teamed up with Perardi to set up an undercover operation at a North Austin Carrabba's Italian Grill. They wired him with a hidden microphone that let the feds record Youngblood perpetuating the cartel threat and monetary demands, documents say.
With $18,000 in his front pocket that he told investigators was from a casino win, Youngblood was nabbed by agents two months later boarding a flight on his latest Las Vegas junket.
“This fraudster developed close relationships with dozens of individuals, building an immense amount of trust seemingly just to destroy their lives financially through elaborate, deceitful misrepresentations,” said U.S. Attorney Jaime Esparza for the Western District of Texas. “The 40-year sentence that Youngblood will now serve in federal prison, along with the full restitution paid back to the victims, demonstrates the gravity of these crimes, and it is my hope that the individuals and families impacted by his schemes are able to repair any loss they have suffered. Thanks to our partners at the FBI for their investigative efforts that assisted greatly with this successful outcome of justice.”
In addition to the 40 years of imprisonment, Youngblood was ordered to pay the full restitution of $12,766,384.
hahaha, there's a sucker born every day
ReplyDeletelol, true
DeleteHow is he going to pay back the twelve million? It's all gone in Las Vegas. This article really tells the story of greed and not being able to stop. After ripping off two or three million he should've stopped and disappeared. Instead of gambling the money away he should've hidden it in different off shore accounts. He could've disappeared somewhere in Asia or South America where daily life expenses are cheap. Three million could've been enough for the rest of his life if he lived a modest life. Lesson to everyone quit while your ahead! Nuff Said!!!
ReplyDeletegambling can become an addiction, it's not a choice at a certain point. there's always some high roller whales being courted by every casino. usually shady punters.
DeleteHey menso let me tell you something. Sociopaths have no impulse control, they can't help it. They NEVER just take off, it's their nature to keep manipulating and not think of consequences. You should stop w your dumb comments. I hope one day you write "I have said enuff" bye fellas I'll never post again". Please do yourself the favor.
DeleteI am a 4th tier shot caller for the Nuff SAID cartel. I demand you pay Nuff SAID 1 million dollars via the los angeles Hasidic banks on fairfax...if you know you know. Nuff Said!
Delete8:21pm I will never go away pendejo. I am the best BB commentator. I have a huge following. Mas vale que te relajes a la vergar. Nos tiramos un tiro ghey. Everyone can stop. Take Whitey Bulger for example. He had a lot of money and went into hiding. He changed his lifestyle. Anybody can do it. Open your mind and eyes! Nuff Said!!!
Delete8:21 damn he got under your skin huh?
DeleteYou need to chill homie
Not the best bb commentator!!
DeleteI have a feeling that Nuffy is Sir in drag clothes.
DeleteWhat a pos! Enjoy gambling in the pen ya lowlife scum.
ReplyDeleteKota Youngblood = sicario 006
ReplyDelete🤣😂
DeleteWhat a Loser..
ReplyDeleteSicario 006, is that you?
ReplyDeleteYes, I spotted it too. It’s Sicario 006 finally busted for being a fraud.
DeleteRipping people off was his ultimate gamble
ReplyDeleteAnd he got away with it!
He couldn’t just stop it!
40 fkn years now.
Fkn idiot.
How did he get away w it??? Wtf he got arrested. Of course he couldn't stop it, guy was all about gambling w everything.
DeleteSounds like he is related to some dumb ass name Agent Zero-Zero-Seis.
ReplyDeleteThis is hilarious
ReplyDeleteUnderstand that people would fall for it
But all those tech people can’t look up any articles and realize Zetas don’t do anything like that
But what if they fell from it because in a way they doing some kind of business with the underground say money laundering
DeleteJ, which Zetas? Zetas Vieja Escuela? Zetas Neuva? O Zetas Original?
DeleteThey don't kidnap real estate investors in Austin Texas or VC's lol
DeleteThey do in Mexico for sure. but never the US.
He didn't tell them he was a zeta, you know what reading comprehension is? Moron
DeleteThis YoungBlood reminds me of someone here who makes crazy comments about his training and his team of elite warriors. He is always mentioning CIA ,SAS and his favorite Mossad . Im sure just like Youngblood ,he also wears black cargo pants black shirt and crocs.
ReplyDeleteEverything BIG in Texass, especially their aholes
ReplyDeleteWow please delete this article! Don't give Sicario006 any ideas!
ReplyDeleteSica 006 was in on it. Dude, is his boyfriend
DeleteOl skoo P1 CAF major hitter was released from the feds in San diego according to my contacts in the imperial valley southeastern California.
ReplyDeleteStfu with your "contacts." You and Nuff idiot are annoying as fuck. @ Connor.
DeleteWhat about the New York con man Drump. The nursery elected him.
ReplyDeleteGustavo Rivera “P1” from the old guard of AFO has been released from US custody.
ReplyDeleteHe is 63 years old. Do these old timers go back to their natural instincts or actually retire? I think he would get a levanton if he goes back to Tijuana.
My homies uncle, he's from Bonita SD
DeleteI went to high school with his nephews
He's been down since 2008, the indictment against him was 20 years old. He was sent over with Mayito Gordo in 2019.
"P1" is KING!!! 👑
DeleteEver hear of Caro Quintero? They can't help being scumbags it's their nature.
DeleteOf course not you fool.
DeleteI think 100% he will be killed of if he touches down in TJ
DeleteLol. I can just imagine Kato Youngblood shouting "Animo Sicarios".
ReplyDeleteSalió igual de mentiroso a Connor.
ReplyDeleteSeguramente le va regresar el dinero a los que cayeron en el fraude.Ya se lo gasto en putas ,perico y casinos.
ReplyDeleteName me one drug whose rush equals the feeling you get when you plop down $20K on a blackjack hand at some swank casino, barbie at your side, Grey Goose in your glass, and the world your oyster..
ReplyDeleteDudes gonna bore his bunkie to death for the next forty years with his war stories..
He better hope Los zetas, or their remnants, don't take it personal, him throwing their name around! 🤫
MAGA written on his forehead - conman.
ReplyDeleteGo get high on Fentanyl with Kamala Harris ,Obama and his Husband Michelle . I cant breeve
DeleteHe can protect his cul0 in there
ReplyDelete935
DeleteDo us a favor , use periods.
Hate on this kook all you want, but how many folks commenting today can brag that they worked some clowns for MILLIONS of dollars? We're not talking chump change here! 💰
ReplyDeleteCould it be Sicario 006, that got busted?
ReplyDeleteIn chiihuahua a 30 truck cartel convoy busted up a town. In tamaulipas the war matamoros vs metros is getting hit again after the cdg boss el contador was quietly set free again. All not being reported because of the war in sinaloa.
ReplyDelete