Conspirator In $16M Bank Fraud Lands 6-Month Sentence

By Jessica Corso (September 15, 2016, 8:39 PM EDT) -- A Florida businessman who submitted fake invoices to help a hotel owner collect $16 million from two now-defunct banks will spend six months in prison after an Illinois federal judge on Thursday rejected the government's request for a three-year sentence.

Steve Lewis pled guilty in October 2014 to helping Atul Bisaria secure construction loans from Mutual Bank and Broadway Bank for renovations never performed on hotels in Cincinnati and Boca Raton, which were owned by Bisaria.

Though the government requested that Lewis spend between 41 and 51 months in prison for the crime, U.S. District Judge John Z. Lee said six...

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