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Rio Rico man sentenced for bank fraud

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Posted at 11:43 AM, Aug 14, 2020
and last updated 2020-08-14 14:43:23-04

TUCSON, Ariz. — A Rio Rico man was sentenced to 15 months in prison for bank fraud.

Juan Diego Ibanez received the sentence in federal court after pleading guilty to the crime. After his prison time he will serve five years of supervised release.

Ibanez admitted to using fake documents to receive a $690,000 loan from 1st Bank Yuma. The bank reported him to the FBI.