Donald Green, 49, was sentenced late Wednesday in U.S. District Court to three years in prison and five years of supervised release

Donald Green, 49, was sentenced late Wednesday in U.S. District Court to three years in prison and five years of supervised release. He also was ordered to pay $1.3 million in restitution to the investment firm Stillwater Capital Partners and 23 banks. Green also owes the Internal Revenue Service $230,376 for unreported income and capital gains on real estate transactions, the U.S. Attorney’s said.Green pleaded guilty in April to one count each of tax evasion, conspiracy to commit bank fraud and wire fraud, and bank fraud for his role in a mortgage scheme hatched in 2003. He admitted to buying dilapidated houses in distressed Columbus neighborhoods and conspiring to secure inflated appraisals before selling them to “straw buyers” who used falsified information to attain mortgages.The broker accused of helping Green sell the properties, Jonathan Boyd, was convicted in November on wire fraud, conspiracy and tax evasion charges. He awaits sentencing.Sentenced this week in connection with the schemes:
George Jordan, 51. Jordan, of Canal Winchester, is set to serve a year and a day in prison, three years of supervised release and 416 hours of community service. He’s required to pay $1.18 million to Netherlands-based ABN Amro. Jordan pleaded guilty to one count each of conspiracy and money laundering last April.The attorney’s office said Jordan, like Green, sold houses at inflated prices, working with co-conspirator Shawn Griffin, 39, to find straw buyers. Griffin, who pleaded guilty in May to conspiracy and money laundering charges, has not been sentenced yet.
Aryeh Schottenstein, 35. The Oak Park, Mich., resident was sentenced to 42 months in prison, 416 hours of community service and three years supervised release after pleading guilty to one count each of conspiracy and money laundering. He’s required to pay $3.74 million to financial institutions victimized by the scheme.
Green, Jordan and Schottenstein are jointly liable for money owed to the victimized banks and Stillwater, the U.S. Attorney’s Office’s office said.
Jeffrey Lieberman, 58, is set to serve 16 months in prison and three years of supervised release after pleading guilty last year to a count each of conspiracy and money laundering. The Bexley resident, who prosecutors say worked with Schottenstein to solicit funds from private investors, has been ordered to pay Stillwater $400,000 in restitution.