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'Millionaire Matchmaker' bachelor turns out to be scam artist

April 11, 2012 |  2:43 pm

"Millionaire Matchmaker" scam artist
Reality TV rarely reflects reality, but it doesn't usually result in criminal charges. However, a former  bachelor who appeared on the Bravo reality series "The Millionaire Matchmaker" in 2009 is not only not a millionaire, turns out he's also a scam artist.

Michael Anthony Prozer III pleaded guilty in court to conspiracy to commit mail, wire and bank fraud this week, according to the Tampa Bay Business Journal. A Maryland banker, Fedor Stanley Salinas, who helped Prozer by faking bank statements to make the fraudster appear wealthy, also pleaded guilty. In addition, Prozer pleaded guilty to making a false statement to a financial institution, according to a U.S. attorney.

Prozer appeared on "Millionaire Matchmaker" as the CEO of Xchangeagent Inc., a Pay Pal system for South America and Europe. He definitely failed to impress his date with his jet ski skills.

But in real life, Prozer was picked up after attempting to defraud a Georgia bank by taking out a short-term business loan backed up with $21 million in collateral that didn't really exist. The scheme lost the bank $3 million.

Prozer's guilty plea came as a shock to observers, according to ABC News, which reports that a jury had already been selected for the upcoming trial. He faces a multiyear sentence in federal prison.

No word on how Patti Stanger, the matchmaking host of "Millionaire Matchmaker," feels about being duped.

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-- Patrick Kevin Day

 Photo: Michael Anthony Prozer III on "The Millionaire Matchmaker." Credit: Bravo

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