A federal judge in Norfolk, Va., sentenced the former co-owner of a Virginia Beach car dealership Wednesday to six years in prison for running a scheme that led to more than $860,000 in Navy Federal Credit Union car loan defaults.
U.S. District Court Judge Raymond A. Jackson also ordered Andysheh Ayatollahi, 36, formerly of Virginia Beach, to pay the Navy FCU restitution of $867,448 and serve four years of supervised release following his prison term.
In March, Ayatollahi pleaded guilty to one felony count of conspiracy to commit financial fraud and one felony count of submitting a false federal tax return. He also was ordered to pay $113,093 in back taxes.
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