KETCHIKAN (AP) -- Geoffrey Bullock has been sentenced to 18 months in federal prison and ordered to pay $200,000 in restitution for stealing that amount from two Russian men in 1997.
U.S. District Court Judge Robert Bryan handed down the sentence Thursday.
Alexander Ravicovich, who had recommended Bullock to the two Russian investors, told the court that Bullock's actions ''had tremendous impact on the lives of my friends and myself.''
Bullock told the judge that he never set out to defraud anyone.
''I made mistakes,'' he said. ''I made assumptions. What I did was wrong and I'm sorry -- mostly for what it did to my family.''
Judge Bryan said jury saw it as a scheme, not a mistake.
After he gets out of prison, Bullock will be on supervised release for five years.
Peninsula Clarion ©2014. All Rights Reserved.