FAYETTEVILLE, Ark. (KNWA) - Former State Senator Jake Files, 46, has been sentenced to 18 months in federal prison on bank fraud, money laundering and wire fraud charges.
The sentence handed down Monday morning in Federal Court in Fort Smith also included three years of supervised release, according to the U. S. Attorney's office for the Western District of Arkansas.
Files was also ordered to pay $83,903.77 in restitution, on one count each of Wire Fraud, Money Laundering and Bank Fraud, according to a news release.
The former state senator was ordered to surrender to the U.S. Marshals Service on Aug. 2. to begin serving his sentence.
"According to court records, between August 2016 and December 2016, while serving in the Arkansas State Senate, Files used his Senate office to obtain government money known as General Improvement Funds (GIF) through fraudulent means and for personal gain," the news release states.
In January, Files pleaded guilty to wire fraud after an FBI investigation and also pleaded guilty to money laundering and bank fraud, court records state.
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