La Porte brothers sentenced to prison for fraud scheme

MGN

SOUTH BEND, Ind. -- Raymond Calvin Smith and Bruce Milik Smith, brothers from La Porte, were sentenced to federal felony charges announced United States Attorney Tina L. Nommay.

Raymond was sentenced to 70 months in prison and 2 years of supervised release. Bruce was sentenced to 39 months in prison and 2 years of supervised release. The two brothers were ordered to pay $723,832.64 in restitution to the victims of their offense. Raymond was also ordered to pay $164,928,62 in restitution to the IRS.

According to documents in the case, from January 2021 to December 2021, the Smith brothers operated an elaborate fraud scheme using Indiana mobile sports wagering applications.

Using personal information of victims, such as bank account numbers and passwords, they set up dozens of accounts in victims' names on at least eight sports wagering applications.

They funneled money from victims' bank accounts to their own and with the personal information of 60 victims the Smith brothers stole a total of $723,832.64 and unsuccessfully tried to steal an additional $930,782.00.

Both brothers plead guilty to the mail fraud scheme while Raymond also pled guilty to evading taxes on the proceeds he received in 2021.

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