Rio Rico Resident is Convicted of Crime Fraud

TUCSON, ARIZONA, USA – For the crime of bank fraud, a 40-year-old resident of Rio Rico, Arizona, Juan Diego Ibañez, 40, was sentenced to 15 months in prison and five years of probation.

According to the information of the Department of Justice in the District of Arizona, Ibañez provided fraudulent documents to the 1st Bank of Yuma and received 690,000 dollars in loans.

After realizing the false documentation, the bank reported the case to the Federal Bureau of Investigation (FBI), who concluded the investigation.

The judicial process was carried out by the Arizona District Attorney’s Office.