A Scottsdale man was sentenced to 33 months in prison this week after pleading guilty to wire fraud where he solicited money for investments that didn't exist and garnered him $1 million, officials said.

Brandon Scott Menaged, 22, of Scottsdale was sentenced July 9 by Senior U.S. District Judge David G. Campbell. He was ordered to pay $751,000 in restitution.

Between January 2023 and December 2024, Menaged defrauded multiple victims by soliciting money for investments that did not exist, according to a press release from the U.S. Attorney’s Office, District of Arizona.

Authorities said Menaged misrepresented to victims the nature of the investments and referenced phantom investors to convince victims to provide him with funding, according to the release.

Meanged then diverted victims’ funds for his personal expenses such as  gambling at casinos, traveling internationally, and purchasing luxury vehicles, firearms, and Rolex watches, the release said.

When victims asked Menaged to return their funds, he provided them with a series of excuses for why the funds could not be returned or blocked their communications, according to the release.