Oct 1, 2013 7:04 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.
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