Former President of Keyworth Mortgage Funding Group Receives 13-Month Prison Sentence for Bank Fraud Conviction

-

ALBUQUERQUE – June 14, 2012 – (RealEstateRama) — Yesterday, a federal judge in Santa Fe, New Mexico sentenced Manuel Garcia, 70, currently residing in Los Angeles, California, to a 13-month prison sentence, to be followed five years of supervised release, for his bank fraud conviction. Garcia also was ordered to pay restitution in the amount of $585,243.59 to U.S. Bank of Albuquerque, which was formerly known as First Community Bank (FCB). Garcia was ordered to surrender to a federal correctional institution to be designated by the U.S. Bureau of Prisons to serve his prison sentence.

Previous articleKTGY Principal Manny Gonzalez, AIA, LEED AP to Speak at PCBC on 50+ Housing and Apartment Design Trends
Next articleNew Method Ensures the Effectiveness of Residential Building Energy Codes