Man to Pay $14.3 Million in Restitution to Ex-Im Bank for Fraudulent Loan Scheme

Posted 5/14/08

David Villongco, 51, of San Mateo, Calif., was sentenced in D.C. U.S. District Court Feb. 29, 2008, to 33 months in prison for his role in a $20 million scheme to defraud the Export-Import Bank. …

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