Ex-Iowa businessman sentenced to prison for bank fraud
29 Nov 2018

AP — An eastern Iowa man has been sentenced to more than two years in federal prison for bilking a bank out of more than $850,000.

Federal prosecutors for Iowa say 63-year-old David Giannetto, of Marion, was sentenced Wednesday in Cedar Rapids’ federal courthouse to 27 months in prison. He also was ordered to pay restitution. He had pleaded guilty to one count of bank fraud in May.

Link to AP.

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