Engle used the stolen funds to buy luxury items such as a yacht, vehicles, and jewelry, which he was forced to forfeit upon his sentencing. A Southlake man's wire fraud scheme to buy himself luxury items will send him to federal prison for nearly a decade. Engle transferred the stolen funds to his personal bank accounts and bought luxury items such as a yacht, vehicles, and jewelry. Image 1 of 3 ▼ CTSY: US Department of JusticeEngle was charged in September 2025 with wire fraud, conspiracy to commit wire fraud and transactional money laundering. He will be required to forfeit the luxury items purchased with the stolen funds as part of his sentencing.