Acting U.S. Attorney Duane A. Evans announced that JOHN GIBSON (32) of Slidell, was sentenced Wednesday (March 22) after pleading guilty to mail fraud.
U.S. District Judge Sarah S. Vance sentenced GIBSON to 18 months incarceration, and ordered restitution in the amount of $213,597.35. Upon release from prison, GIBSON will have to serve three years of supervised release.
GIBSON admitted that from 2008 to 2014, he solicited funds from individuals by falsely representing that he would use their funds to establish investment accounts. GIBSON admitted that he defrauded his investors by diverting their investment funds for his own personal use and benefit.
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