WORCESTER, Mass. – Two brothers from Chicago who were sentenced for using stolen identities to obtain millions of dollars in fraudulent aircraft loans from various banks have each been sentenced to more than ten years in prison.
The Telegram & Gazette reports that 32-year-old Ryan Miller was sentenced Thursday in federal court in Massachusetts to 15 years behind bars, while the 31-year-old Dusten James Miller was sentenced to 12 years.
They were convicted in February of fraud, money laundering and identity theft-related costs.
Prosecutors say that from 2013 to 2016, the brothers made aircraft buyers and sellers, and the identity of other people, and forged documents to obtain $4 million in loans.
The authorities say they laundered the money through shell companies, and used for the purchase of luxury homes, cars and other high-end items.
Information From: Telegram & Gazette (Worcester, Mass.), http://www.telegram.com