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California Man Sentenced to 66 Months for SBA Loan Fraud Scheme
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California Man Sentenced to 66 Months for SBA Loan Fraud Scheme
PHILADELPHIA, PA — A California man was sentenced Tuesday to 66 months in prison for his role in a scheme that defrauded banks and the Small Business Administration of millions of dollars in fraudulent loans, federal prosecutors said. Frank Hamilton, 55, of Simi Valley, was also ordered by U.S. District Judge Wendy Beetlestone to serve two years of supervised release and pay $6,093,024.90 in restitution, according to an announcement by U.S. Atto…
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