A Swedesboro man was sentenced to a two-year prison term yesterday for using another man's identity to defraud Commerce Bank of more than $550,000, authorities said.
Leon Land, 39, pleaded guilty in January to two counts each of wire fraud and money laundering. Land, also known as Leon Foreman, admitted he received four loans from Commerce and funneled the money into a checking account by using a stolen Social Security number, said Greg Reinert, a spokesman for U.S. Attorney Christopher Christie.Land spent the money, defaulted on the loans, and fled to the Dominican Republic. Last August, FBI agents brought Land back to the United States to face charges. U.S. District Judge Robert B. Kugler ordered Land to pay $79,395 in restitution and serve three years of supervised release following his prison sentence, Reinert said.
Source: Philadelphia Inquirer