Ohio Accountant Gets 11 Years For $19M Fraud Scheme

Law360, New York (November 15, 2010, 6:32 PM EST) -- A federal judge has sentenced an Ohio accountant to 11 years in prison for conspiring to defraud banks out of $18 million in loans and collect $1 million in fraudulent tax refunds.

On Friday, Judge Michael H. Watson of the U.S. District Court for the Southern District of Ohio took the prosecutors' recommendation and imposed the lengthy prison sentence on 54-year-old Dennis G. Sartain, of Hilliard. He will also serve three years on parole, forfeit $120,000 to the government and pay an as-yet-undetermined amount of restitution,...
To view the full article, register now.




Case Information

Case Title

USA v. Parenteau et al

Case Number



Ohio Southern

Nature of Suit


Michael H. Watson

Date Filed

September 16, 2008

Government Agencies

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.