June 8, 2010
A Virginia couple has been sentenced for a student loan scam that defrauded lending institutions in Colorado, Massachusetts, Florida and New York.
U.S. Attorney Timothy J. Heaphy's office says 33-year-old Brian Salyer of Lebanon received a 45-month sentence Monday in U.S. District Court in Abingdon. His wife, 30-year-old Miranda Salyer, received a four-month sentence.
The Lebanon couple also must pay $206,454 in restitution.
Brian Salyer pleaded guilty in March to conspiracy to commit fraud and aggravated identity theft. Miranda pleaded guilty to conspiracy to fraud. The couple admitted submitting 15 fraudulent student loan applications to lending institutions in the four states.