A California man was sentenced to seven years and 10 months in federal prison for his role in a $10 million real estate fraud scheme built on fabricated identities, shell companies, and counterfeit property documents that deceived buyers across the Central Valley.
Gilberto Barron, 26, formerly of Delano and Las Vegas, pleaded guilty on June 29, to conspiracy to commit wire fraud, conspiracy to commit money laundering, and aggravated identity theft. US District Judge Jennifer L. Thurston imposed the sentence in the Eastern District of California.
“Barron chose to engage in a multimillion-dollar fraud scheme, and today’s sentence makes clear that such criminal conduct will be met with substantial punishment,” said US Attorney Eric Grant, Eastern District of California.