Salesman, Mechanic Sentenced for Fraudulent Aircraft Sale

The Department of Transportation is reporting a serial fraudster, who sold a clapped out 1950 Beech Bonanza as a pristine unicorn, has been sentenced to 44 months in prison and ordered to pay $33,279 to his victim by a South Carolina federal judge. Todd Van Natta, also known as Todd Stone, was indicted in 2024 along with his co-conspirator Mark A. Diblasi who admitted to pencil whipping an annual inspection that gave the 70-year-old airplane a clean bill of health. Diblasi got 36 months of probation and was ordered to pay $5,100 in restitution in a plea deal that included him hanging up his tools permanently.

According to an account by nickthepilot.com, Van Natta got hold of the Bonanza and Diblasi filled the maintenance logs with lies about inspections never carried out and the general condition of the old V-Tail. After the new owner kicked the tires, he hired a ferry pilot who happened to be an ex-cop and current FAASTeam volunteer to deliver the plane. The ferry pilot found obvious discrepancies with the plane and the owner reported it to the police and FAA.

An FAA inspector immediately grounded the plane noting “cracked windshields, corroded rivets, missing fasteners, dry-rotted tires, uncertified avionics installs, sloppy wiring dangling near rudder pedals, a damaged engine mount, and an airworthiness certificate so torn it was unreadable,” according to nickthepilot.com. The Bonanza deal was among at least four similar convictions for Van Natta involving a variety of tax, bank, and wire frauds that fleeced victims out of millions of dollars.

Russ Niles
Russ Niles
Russ Niles is Editor-in-Chief of AvBrief.com. He has been a pilot for 30 years and an aviation journalist since 2003. He and his wife Marni live in southern British Columbia where they also operate a small winery.

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KMC
KMC
1 month ago

I doubt he’s the only one doing stuff like that.

PatB
PatB
Reply to  KMC
1 month ago

There used to be a man named Robert Cullen at Corona Airport in California — he had 26 judgments and tax liens against him. He died of old age.

C172Eowner
C172Eowner
1 month ago

An appropriate pre-buy would have caught this before the ferry pilot showed up to fly the plane.

asholton
asholton
Reply to  C172Eowner
1 month ago

It sounds like an appropriate pre-flight would have caught most of the items.

Bojaz
Bojaz
Reply to  C172Eowner
1 month ago

I’ve paid for more than one, what was supposed to be an “appropriate prebuy” and the mechanics missed big time airworthiness issues. The prebuy is only good if the prebuy mechanic is honest and knows what their doing!

Paul Brevard
Paul Brevard
1 month ago

These guys are everywhere and always ready to swindle, steal, and cheat. GA is vulnerable to these scoundrels because it’s one of the few hobbies where relative wealth is combined with seriously impulsive purchases.

Ralph Long
Ralph Long
Reply to  Paul Brevard
1 month ago

Excellent comment. We pilots sure will overlook a lot to feed our addiction.

Ray Mansfield
Ray Mansfield
1 month ago

Hi Russ, glad to see you back writing aviation content again. I’ll be reading it everyday.

Stephen
Stephen
1 month ago

Oof

Erik Edgren
Erik Edgren
1 month ago

The mechanic who pencil whipped it should have received a more severe penalty than the seller. Way more severe…

Josh Ryder
Josh Ryder
Reply to  Erik Edgren
20 days ago

How does a salesman get 33 months and the mechanic that actually has the responsibility get probation? I read that Diblasi also did some shotty work and got someone killed 20 years ago when a tail separated from an aircraft he serviced. I am not defending the salesman, they are all crap, but the buck stops wirth the mechanic.

Baronguy
Baronguy
1 month ago

Another Baron Thomas deal

N8274K
N8274K
1 month ago

The Barron Thomas affair led to aircraft salesmen in Arizona needing to be licensed from the state. You have to have a bond in order to take earnest money.

Dave
Dave
29 days ago

Sounds about like the N35 I bought from Gary Gadberry from Chattanooga, TN back in the 1970’s.