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Press Release

Baton Rouge, Louisiana Man Sentenced To 30 Months, $130,000 Restitution For Wire Fraud

For Immediate Release
U.S. Attorney's Office, Eastern District of Oklahoma

MUSKOGEE, OKLAHOMA – The United States Attorney’s Office for the Eastern District of Oklahoma announced that Mike Douglas Nolan, age 59, of Baton Rouge, Louisiana, was sentenced to 30 months’ imprisonment and 3 years of supervised release for Wire Fraud, in violation of Title 18, United States Code, Section 1343. Nolan was also ordered to pay total restitution of $130,000.00. The charges arose from an investigation by the Federal Bureau of Investigation.

The Superseding Indictment alleged that from in or about June 2011, and continuing until in or about May 2012, the defendant devised and intended to devise, executed and attempted to execute, a scheme to obtain money by means of materially false and fraudulent pretenses, representations and promises.

United States Attorney Brian J. Kuester said, “The defendant’s fraudulent scheme deprived his victims of their hard earned income and savings. Today more than ever we must all be on the lookout for scam artists. The schemes may not all look the same, but fraudsters’ goals are – to steal as much money as they can from unsuspecting victims. In this case, the defendant was caught, is being held accountable, and will pay restitution. Unfortunately, often times the scammer’s identity cannot be ascertained and justice is not obtained. Our best defense is awareness and exercising extreme caution when someone is asking for you to give money or personal information.”
                                
The Honorable Ronald A. White, U.S. District Judge in the United States District Court for the Eastern District of Oklahoma, in Muskogee, presided over the hearing. Assistant United States Attorney Rob Wallace represented the United States.
 

Updated November 22, 2019

Topics
Financial Fraud
Securities, Commodities, & Investment Fraud