Florida man gets 5 years in Pa. loan scam case

Published



PITTSBURGH (AP) — A Florida man was sentenced Thursday to five years in federal prison for his role in an overseas loan scam that cost 47 investors on four continents more than $3.9 million.

The criminal case against Fotios Geivelis Jr., 34, of Fort Myers, was prosecuted in Pittsburgh because one of his victims was in western Pennsylvania. But Assistant U.S. Attorney Leo Dillon told the sentencing judge the case involved “an enormous worldwide fraud,” with victims in the United States, Germany, Switzerland, Hong Kong, Japan and Australia.

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