The U.S. Attorney’s Office in Fresno announced the following sentences for members of the Jara family, who used straw buyers to purchase home loans based on fraudulent loan applications from 2007 to 2010.
Eliseo Jara Jr. received 6 1/2 years in prison and was ordered to pay $4.3 million in restitution.
Eliseo’s brother Sergio Jara was sentenced to six and a half years in prison and was ordered to pay $3,249,624 in restitution.
Sergio Jara’s wife, Melissa Rochelle Jara was sentenced to time served, five years on supervised release and was ordered to pay $271,171 in restitution.
The court ordered the Jaras to forfeit their interests in six Bakersfield properties.
Read the original article in BakersfieldNow.com
Note: There are numerous articles about the Jara family that can be located by using the Search tool on the left side of this blog.