LOS ANGELES—A South Los Angeles man was sentenced Aug. 19 to seven years and three months in federal prison for his role in a scheme that siphoned more than $2.7 million from banks and credit unions by depositing checks stolen from the mail into accounts belonging to accomplices recruited through Instagram.
Carlos Corona, 36, was also ordered by U.S. District Judge John Walter to pay $2.72 million in restitution, according to the U.S. Attorney’s Office.