Officials said he used the money to buy cars, art, guns, and even a Mexican villa.
applied for another fake loanIn addition, during the sentencing phase, the U.S. Attorney’s Office said Fransinelli had forged 13 out of 14 letters from businessmen and politicians praising him and his character.
In addition to the prison sentence, the judge also sentenced Fransinelli to five years of supervised release. “I’m a very flawed man with a good soul,” Fransinelli said to the court, according to TribLive. “My recent actions were not to, in any way, diminish the court or mislead anyone.”“The court lost a sense of trust in you by submitting those letters to me,” Hardy told Fransinelli. “I take those letters very seriously because they give me a window into who you are.”
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