Ligonier man to serve 6-month sentence, pay restitution for wire fraud
Published: Saturday, February 2, 2013, 12:01 a.m.
Updated: Monday, February 4, 2013
A Ligonier man was sentenced Friday in federal court to six months' imprisonment and to pay $80,000 in restitution followed by three years of supervised release after his conviction on wire fraud.
U.S. District Judge Cathy Bissoon imposed the sentence on Samuel Hayden, 70, of Oakview Drive.
According to the information presented to the court, in October 2010 Hayden and another person solicited funds from an investor who was promised a significant return on a foreign fuel sale. Instead, Hayden used part of the funds for his personal benefit, according to U.S. Attorney David Hickton.
Assistant U.S. Attorney Gregory C. Melucci prosecuted the case. The FBI conducted the investigation that led to Hayden's prosecution.
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