Brothers who ran fake airplane loan scheme sent to prison - KMOV.com

Brothers who ran fake airplane loan scheme sent to prison

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(Credit: AP Photo / Mark Lennihan, File) (Credit: AP Photo / Mark Lennihan, File)

WORCESTER, Mass. (AP) - Two brothers from Chicago who were convicted of using stolen identities to obtain millions of dollars in fraudulent airplane loans from several banks have each been sentenced to more than a decade in prison.

The Telegram & Gazette reports that 32-year-old Ryan Miller was sentenced Thursday in federal court in Massachusetts to 15 years behind bars, while 31-year-old Dusten James Miller was sentenced to 12 years.

They were convicted in February of bank fraud, money laundering and identity theft-related charges.

Prosecutors say from 2013 until 2016 the brothers posed as airplane buyers and sellers and used the identities of other people and doctored documents to obtain $4 million in loans.

Authorities say they laundered the money through shell companies, and used it to buy luxury homes, cars and other high-end items.

Information from: Telegram & Gazette (Worcester, Mass.), http://www.telegram.com

Copyright 2018 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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