- Associated Press - Tuesday, January 20, 2015

HOUSTON (AP) - A former Houston banker has been sentenced to 33 months in federal prison for stealing nearly $800,000 from the accounts of a person from Nigeria who had died.

Carlos Lavin Ibarra was also ordered during a court hearing Tuesday in Houston to pay restitution for the money he took.

The 34-year-old had pleaded guilty in July to one count of bank fraud.

Prosecutors say Ibarra acted fraudulently when he purchased $779,000 in cashier’s checks on JP Morgan Chase bank accounts owned by the Nigerian resident.

Ibarra made out the checks to various people he knew and deposited them in different bank accounts in Houston.

Ibarra will remain free on bond until he is required to report to prison at a later date.



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