Arizona woman gets prison along with ex 'Property Wars' star


Save Story
Leer en español

Estimated read time: Less than a minute

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

PHOENIX (AP) — An Arizona woman has been sentenced to 20 months in federal prison in connection with a bank fraud scheme that involved a former star on the "Property Wars" reality TV show.

Prosecutors say 44-year-old Veronica Castro also was ordered Monday to pay more than $1 million in restitution.

Castro previously pleaded guilty to conspiracy to commit bank fraud along with co-defendant Scott Menaged, the former TV program star.

Menaged in December was sentenced to 17 years in prison and ordered to pay more than $33 million in restitution to banks and more than 200 investors.

Menaged owned and operated furniture stores in the Phoenix metro area. Castro was a longtime employee.

Prosecutors say Castro helped Menaged create fake credit applications and receipts to submit to banks and conceal the fraud.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Most recent Business stories

Related topics

Business
The Associated Press

    STAY IN THE KNOW

    Get informative articles and interesting stories delivered to your inbox weekly. Subscribe to the KSL.com Trending 5.
    By subscribing, you acknowledge and agree to KSL.com's Terms of Use and Privacy Policy.

    KSL Weather Forecast