The owner of a now-defunct Elsa durable medical equipment business will serve more than three years in prison and ordered to pay back nearly $900,000 in restitution.
U.S. District Judge Micaela Alvarez sentenced Everardo Villarreal to a 40-month prison sentence, with an additional three years of supervised release upon completion of the prison term.
As part of the plea agreement reached in June; Villarreal agreed to plead guilty to one count of attempt and conspiracy to commit mail fraud; in return, he agreed to pay back $869,693.92 beginning two months after he completes his prison term at $500 per month, until paid off.
Source: Ex-medical equipment business owner, secretary sentenced in fraud case / The Monitor