Tuesday, July 22, 2014  
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By: Eddy Gifford, Publisher

 

A Federal Court Judge sentenced two individuals last week in The Preserve at Johnson’s Crook fraud case after a jury found them guilty.

The two men were convicted last year for bilking banks and investors in a down payment scheme involving land.

Josh Dobson, 36, was sentenced to 10 years six months in federal prison and Paul Gott, 40, was sentenced to 6 years and three months.

Both men had requested to be allowed to stay out of prison during their appeals but Federal Judge Curtis Collier said he did not find an issue that was likely to result in a reversal of the convections and ordered the men to report to prison by July 28.

In addition to the prison sentence Dobson and Gott were ordered to pay almost $3.1 million in restitution to the affected banks.

During the trial prosecutors said banks and individuals were defrauded out of $44 million.

 


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