Mt. Pleasant man indicted after failing to appear at sentencing

COLUMBIA, SC (WCSC) - A Mt. Pleasant man convicted of mail fraud was charged in federal court Wednesday after he failed to appear at his sentencing.

The indictment alleged that on April 12, Michael Derrick Peninger, 50, knowingly and willfully failed to appear for sentencing following his convictions for mail fraud and making a false statement to federal authorities.

After his jury trial, Peninger remained on bond, promising to appear for sentencing.  When Peninger later failed to show up for court, the United States Marshal Service, the FBI, and local officers tracked Peninger to a location on Daniel Island where he was arrested.

The maximum penalty that Peninger could receive is a fine of $250,000 and imprisonment for ten years, consecutive to the sentence that will be imposed upon him for his original convictions.

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