Waikiki man held without bail pending fraud trial
A Waikiki man has been ordered held without bail pending trial on charges of defrauding the government of more than $200,000 in welfare cash payments, food stamps, housing assistance and student tuition aid.
A federal judge on Tuesday ordered that Vaughn Sherwood continue to be held at the Honolulu detention center. The judge says he's concerned about Sherwood's criminal history and the firearms agents found in his apartment.
A criminal complaint alleges the 66-year-old collected government benefits even though he inherited more than $300,000 from his parents and owned a sailboat and a Mercedes Benz.
Defense attorney Marcus Sierra says Sherwood doesn't live a luxurious life in a "little, dingy apartment." Sierra says the Mercedes is worth only about $3,000 and the sailboat is 40 years old.
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