Eagle Pass Contractor Jose Flores, III sentenced to 10 months in federal prison for bank fraud

By: Jose G. Landa, Copyright 2014, Eagle Pass Business Journal, Inc.

Eagle Pass contractor Jose Flores, III, was sentenced to ten months in federal prison, ordered to pay restitution of $8,382.50, placed on five years community supervision after release from federal prison, and ordered to pay a special assessment fee of $100 for bank fraud on Friday, September 5, 2014, by United States District Judge Alia Moses for the Western District of Texas, Del Rio Division, in Del Rio, Texas.

Flores was indicted by a federal grand jury in Del Rio on July 17, 2013, charging him with two counts, including bank fraud and devising and intending to devise a scheme or artifice to defraud in order to obtain money by false and fraudulent pretenses. The indictment alleged that Flores committed bank fraud when “on or about July 11, 2011,…the Defendant submitted to TAB Bank, Inc., a false invoice in the amount of $51,000 for payment allegedly owed by BB Paving to N5 Group, LLC….The Defendant received payment from TAB Bank, Inc., in the amount of $35,000 for this fictitious invoice.”

Flores plead guilty to bank fraud on December 5, 2013, before U.S. District Judge Alia Moses in Del Rio.

The U.S. Attorney’s Office for the Western District of Texas, Del Rio Division, prosecuted the case against Jose Flores, III.