Center Point Man Sentenced for Wire Fraud

A Center Point man has been sentenced for wire fraud.

63-year old Larry Wells was sentenced to five months in federal prison.

The U.S. Department of Justice says Wells received nearly $17,000 in fraudulently obtained CARES Act unemployment funds from the states of Maine and New York. The department says Wells withdrew the funds in cash, kept some of the funds for himself and mailed the rest to other individuals.

Wells pleaded guilty to one count of wire fraud in April.

In addition to his sentencing, Wells was ordered to pay restitution to the Maine and New York Department of Labors.

He was released on bond and is scheduled to surrender to the United States Marshal on October 4th.

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