- Associated Press - Wednesday, February 17, 2016

BALTIMORE (AP) - A Silver Spring man has been sentenced to two years in prison for fraudulently getting a $1.6 million Small Business Administration loan and using some of the money to buy a house.

Thirty-nine-year-old Stewart Harris was also ordered to pay restitution and forfeit the Brandywine house at sentencing Wednesday in federal court in Baltimore.

According to a news release from the U.S. Attorney’s Office, in 2009 Harris applied for a $1.6 million loan guaranteed by the SBA to buy a glass company. Prosecutors say Harris submitted false tax returns and bank statements to obtain the loan.

Authorities say Harris laundered the proceeds through numerous bank accounts and used some of the money for a deposit and down payment on the purchase of the Brandywine home.

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