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Local News

Three Former Bend Businessmen Sentenced for Fraud


The men were convicted of lying to and misleading clients about how they used millions in client funds.

 

Mark Neuman was sentenced to 6 and a half years in prison, while Tim Larkin and Lane Lyons were sentened to 4 and a half years in prison.

 

They will also serve three years of supervised release.

 

Back in July, the men were convicted in federal court in Portland for conspiracy to commit mail fraud and money laundering in connection with a ten year fraud scheme.  

 

They used 75 million of clients funds for undisclsoed personal investments in real estate and Bend businesses and loans to business associates and family members.


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