El Centro native to serve four years in federal prison for wire fraud and bilking millions from investors
October 15, 2010 @ 5:19 pm
Lisa Garcia Mahoney, 49, was sentenced in U.S. District Court Friday to four years in prison on a charge of wire fraud to which she pleaded guilty of bilking millions of dollars from dozens of people in a real estate scam.
Mahoney, a 1979 graduate of Central Union High School in El Centro, is also charged with restitution of more than $5 million to more than 50 victims who invested in the non-existent Texas land development Mahoney was pushing. Mahoney and her attorney, Deputy Federal Public Defender Myra Sun, are disputing that sentencing recommendation, which will be heard in January.
The Federal Bureau of Prisons has yet to determine where Mahoney will serve her sentence, which also includes three years of “supervised release.”
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Get your facts straight. It is not 5 million dollars and your publishing wrong information gina germani is going to get you in legal trouble. You have mis lead the public and published incorrect information. In addition, you have falsely named people and mis represented the facts. The truth will have to be told and you will be held accountable.
Unless court records are wrong, and I’m pretty sure they are not, Ms. Mahoney is charged with restitution to her victims of more than $5 million. But, as the story is quite clear, she will be disputing that restitution figure on Monday, Jan. 10. If she is successful in getting the restitution reduced, then you will see the information here.
Any other veiled threats you would like to make?
Wow, I wonder who that January 7th response may be from. Your reporting was pretty clear to me. I would love to read a follow up story explaining how the lives of those victims are proceeding.
as one of the lesser investors I would like to find out how to get my money back.
Who cares must care a little to be so angry about this story being told. Ms. Mahoney, probably, also doesn’t care she’s going off for a little federal vacation to contemplate what she is. Sadly sociopathic people are not capable of empathy for other people.
I would like to know about others involved in this scam. Has anyone else been investigated? I know of some people that made out pretty good from this so called investment opportunity.
YOU SHOULD GO TO HER FRIENDS.. YOU KNOW, THE ONES WHO MADE BIG BUCKS SO SHE COULD SHOW THAT HER INVESTMENT (SCAM) WAS A MONEY MAKER.. JUST NOT FOR THE HONEST PEOPLE!
THERE ARE A FEW OUT THERE THAT ARE VERY QUIET AND WALKING SOFTLY.. SOME HAVE MOVED OUT OF THE AREA. THEY ARE ALL SCUM SUCKERS!