LOS ANGELES—The owner of an Orange County mortgage firm was sentenced Oct. 30 to more than five years behind bars for fleecing an investor of more than $5 million in a fraudulent stock scheme.
Jacques Poujade, 63, of Irvine, was sentenced to 63 months in federal prison by U.S. District Judge Mark C. Scarsi, who also ordered him to pay nearly $6.2 million in restitution, according to the U.S. Attorney’s office.