2 sentenced in $50M bank fraud conspiracy

Published August 13, 2012 9:37pm ET



MINNEAPOLIS (AP) — A federal judge on Monday sentenced two men to decades in prison for their roles in a $50 million bank fraud conspiracy that authorities say spanned six states and depended on employees of some of America’s largest banks stealing customers’ identities.

U.S. District Judge Michael Davis sentenced the alleged ringleader, Julian Okeayaninneh, 44, of Colton, Calif., to 27 years in prison.

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