A Moab businessman has been sentenced to one year and a day in federal prison. Jerry C. Huff, 51, was charged in 2008 as part of Operation Malicious Mortgage – a federal crackdown on mortgage fraud that netted more than 400 arrests nationwide.
Huff, who operated High Caliber Construction, was convicted last June of one count of wire fraud, two counts of money laundering and two counts of failure to file income tax returns for 2002 and 2003.
During the sentencing last week, U.S. District Judge Clark Waddoups also ordered Huff to pay $264,050 in restitution.
Prosecutors said Huff submitted personal federal tax returns that he did not actually file in order to obtain a $250,000 second mortgage on a construction project.