- Associated Press - Wednesday, September 24, 2014

WASHINGTON (AP) - A Texas man has been sentenced to 27 months in prison for defrauding a federal agency and a company based in Mexico of more than $1.6 million.

Forty-six-year-old Arnold Rojas Rivas of San Antonio pleaded guilty to wire fraud. He was ordered to pay restitution at sentencing Wednesday in federal court in Washington.

According to government evidence, Rojas was director of a Mexican company that produced toilet paper and napkins. The company applied for a line of credit that was guaranteed by the Overseas Private Investment Corporation, an agency of the U.S. government.

Prosecutors say the company stopped functioning in 2007. Authorities say Rivas requested money for the company from the federal agency and, when the money was put in the company’s account, Rivas transferred $1.6 million to his account.

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