Sicily Island man faces year in prison
Published 12:02 am Saturday, February 22, 2014
Alexandria — A Sicily Island man will spend a year in prison following sentencing Friday for lying to the Farm Service Agency in order to obtain more than $1.2 million in loans.
United States Attorney Stephanie A. Finley said James Goode Jr., 45, was sentenced by U.S. District Judge Dee D. Drell to 12 months in prison and three years of supervised release.
He was also ordered to pay $322,356 in restitution.
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According to evidence presented at the guilty plea on Oct. 16, Finley said in a release, Goode admitted to applying for three FSA sponsored loans totaling $1,263,800 in early 2009.
“On the applications for the loans, Goode withheld reporting numerous debts totaling $357,470 from government agencies, banks and private companies, which he was required by law to disclose as it affected his eligibility to receive those loans,” Finley said.
“As a result of the omissions on the loan applications, he was able to fraudulently obtain the money and defaulted on $322,356.”