Former Northwest Arkansas developer Brandon Barber was sentenced Tuesday to 65 months in prison and three years of supervised release.
The sentence was handed down at the federal courthouse in Fort Smith by U.S. District Judge P.K. Holmes. Barber, who pleaded guilty July 31, 2013, to three felony charges of conspiracy to commit bankruptcy fraud, money laundering and conspiracy to commit bank fraud, has been in the Washington County Jail since June 14, 2013.
He likely will be credited for that time served, according to officials.
Barber, 38, was arrested in New York by FBI agents on March 20, 2013, and faced 27 counts of various federal charges, including fraud and money laundering, all of which took place from 2005 to 2009 and were designed to defraud banks, creditors and the U.S. Bankruptcy... [ MORE ]