WASHINGTON, June 5 -- The U.S. Department of Justice's U.S. Attorney's office for XXXXXX (insert district) issued the following press release:
BUFFALO, N.Y. - U.S. Attorney Michael DiGiacomo announced today that Michael Torres, 38, of Rochester, NY, who was convicted of financial institution fraud, was sentenced to serve three months in prison, three months home detention and three years' supervised release by U.S. District Judge Richard J. Arcara. Torres was also ordered to pay restitution totaling $136,679.
Between September 2021 and February 2022, Torres was employed as a Relationship Manager at Financial Institution 1. While in this position, he misused his position to apply for loans through Financial Institution 1 in the names of in...