- Associated Press - Thursday, May 28, 2015

ALBUQUERQUE, N.M. (AP) - The former owner of a Gallup-based oil-distribution business has been sentenced to two years in prison in a bankruptcy fraud case.

Michael Mataya of Thoreau was sentenced late Wednesday in federal court in Albuquerque. He previously pleaded guilty to a charge accusing him of making false statements in his company’s bankruptcy case.

The U.S. Attorney’s Office says Mataya also was ordered during his sentencing to pay nearly $266,000 of restitution to the company’s bankruptcy estate. The restitution is intended to repay creditors who were the victims of his offense..

Mataya formerly owned Indian Capitol Distributing Inc.

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