SACRAMENTO -- A federal court judge on Thursday sentenced a San Leandro man to prison time in connection to a student-aid fraud scheme, prosecutors said.

Myron Jacobs, 41, pleaded guilty on Oct. 10 to one court of wire fraud for the scheme that took place over a period of more than two years, U.S. Attorney Benjamin B. Wagner announced.

During a hearing in Sacramento County on Thursday, U.S. District Court Judge Morrison C. England Jr. sentenced Myron Jacobs to 27 months in prison and ordered him to pay $66,748 in restitution for mail fraud associated with the scheme.

Court documents show that from Aug. 1, 2009 through Dec. 31, 2011, Jacobs and his wife Stacy Jacobs defrauded the U.S. Department of Education by recruiting individuals to act as students at area community colleges and applying for financial aid assistance in their names.

The students were not enrolled at the schools and did not intend to become students at the schools, Wagner said. Prosecutors say Stacey Jacobs, 31, had financial aid funds sent to addresses associated with her or to others with whom she was associated.

Stacey Jacobs is scheduled to appear in federal court on May 22.

Contact Natalie Neysa Alund at 510-293-2469. Follow her at Twitter.com/nataliealund.



Advertisement