NC man sentenced to four years in prison for bank fraud scheme

Department of Justice file investigation

NEW BERN, N.C. (AP) — Federal prosecutors say a man just released from incarceration has been sentenced to more than four years in prison for launching a bank fraud scheme to buy cars from North Carolina dealerships.

The U.S. Department of Justice said in a news release Friday that 42-year-old Jamal Watson had just finished serving 10 years in prison for distribution of heroin and possession of a firearm by a felon.

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Prosecutors say Watson, his wife and a third person applied for loans to purchase 20 vehicles during a one-year period by providing fake Social Security numbers and fake employment information.