If he could travel back in time with the 1981 DeLorean hepurchased with monies he falsely collected from his insurer, maybeTravis Magdalena Scott would be able to save his future.

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That's not going to happen however.

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Scott, 34, stole more than $11 million from Zurich North Americaby falsely claiming lightning destroyed supercomputers at hisMinneapolis-based business Security Management Technologies.

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He spent the insurance money on luxury goods, including three airplanes, a $700,000 house, a$300,000 yacht, a 2008 BMW M5, and of course the 1981 DeLorean.

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In May 2011, Scott pleaded guilty to one count of wire fraud and one count of money laundering related to the fraudulent claims. Federalprosecutors requested in an August court filing that Scott besentenced within the advisory federal guidelines, which range from87 to 108 months in prison. The maximum terms are 20 years infederal prison for wire fraud and 10 years for moneylaundering.

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A federal arrest warrant was issued for Soctt and he suddenlywent missing. In September, a kayak washed up onthe west shore of Lake Mille Lacs. It was discovered overturnedwith a bullet hole near the back. Inside the kayak were a firearmand a suicide note indicating Scott took his life. A body from such asuicide may not have been recoverable from the middle of the lake.The Mille Lacs County Sheriff's Department, however, conducted amulti-week search effort, costing tens of thousands of dollars.

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Scott had actually faked his own death and fled to Canada. He was picked up in Winnipeg when a pharmacyemployee alerted police that Scott attempted to use a forgedprescription. Scott was carrying fake identification at the timeauthorities questioned him. Once police determined his trueidentity, they found the federal arrest warrant issued out ofMinnesota and contacted the U.S. Marshals Service.

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A search of Scott's Winnipeg apartment revealed up to $80,000 ingold coins, $30,000 in U.S. and Canadian currency, $750 in silvercoins, a Taser, numerous forged prescriptions, a number of prescription drugs, computer equipment and printers. A searchof a Jeep Liberty that police linked to Scott produced a loadedhandgun.

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Scott is back to facing up to 20 years for wire fraud and up to10 years for money laundering. Additional charges are expected tobe brought forth as well.

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Source: Star Tribune, andPrinceton Union-Eagle, and www.zalma.com

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