Posted: Oct 1, 2013 4:04 PM by Katherine Worsham, KSBY News
A U.S. District Court judge on Tuesday sentenced a Nipomo man to 135 months in federal prison for fraud, for his role in an extensive scheme that caused several victims to lose tens of millions of dollars.
Prosecutors said John Mark Moore, 51, orchestrated various fraud schemes over a course of 11 years, which caused more than $48 million dollars in losses. Nearly half of those losses were sustained by his in-laws, other family members and a family friend.
Moore pleaded guilty in April. In addition to the prison term, he was also sentenced to five years supervised release and ordered to pay more than $46 million in restitution.
Moore will begin his prison term on November 11.
PLEASE HELP US MODERATE COMMENTS
Offensive or inappropriate comments are subject to removal. To report a comment, please e-mail us at firstname.lastname@example.org, and include the name of the story and information on the comment.
Thank you! KSBY.com
Get deals up to 80% off here!
Find the lowest gas prices in your area
Submit your photos to KSBY
Check out our calendar of events
Save with Hot Deals across our counties!
Events across the Central Coast
Follow The CW5 on Facebook.
The KSBY online public file.
What do you think? Leave us your feedback.
KSBY is your official CA Lottery station for San Luis Obispo and Santa Barbara Counties