Springfield Man Sentenced for Bank Fraud
SPRINGFIELD, Mass. (WGGB) – A Springfield man will spend the next almost year and a half in jail after being sentenced for bank fraud.
52-year-old John Jordan pleaded guilty in September to four counts of bank fraud and four counts of counterfeit security fraud.
Thursday, Jordan was sentenced to 17 months in prison, followed by a year of supervised release, and was ordered to pay $1,435 in restitution.
Federal prosecutors say that Jordan made “high quality counterfeit checks” on his computer, then sold the checks to co-conspirators, who would then try to cash them at area businesses and banks.
As part of the scheme, Jordan also acquired “legitimate customer and corporate account information” that was used on the checks.