Filed: Jul. 22, 2016
Latest Update: Jul. 22, 2016
Summary: STIPULATION RE RESTITUTION; ORDER ANTHONY W. ISHII , Senior District Judge . The United States of America, by and through its counsel of record, and defendant, by and through his counsel of record, hereby stipulate as follows: 1. The defendant was sentenced by the Court on May 9, 2016, following conviction after a guilty plea of one count of bank fraud (18 U.S.C. 1344). 2. Pursuant to 18 U.S.C. 3664(d)(5), the Court set a hearing on restitution to determine victim's losses for July 25
Summary: STIPULATION RE RESTITUTION; ORDER ANTHONY W. ISHII , Senior District Judge . The United States of America, by and through its counsel of record, and defendant, by and through his counsel of record, hereby stipulate as follows: 1. The defendant was sentenced by the Court on May 9, 2016, following conviction after a guilty plea of one count of bank fraud (18 U.S.C. 1344). 2. Pursuant to 18 U.S.C. 3664(d)(5), the Court set a hearing on restitution to determine victim's losses for July 25,..
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STIPULATION RE RESTITUTION; ORDER
ANTHONY W. ISHII, Senior District Judge.
The United States of America, by and through its counsel of record, and defendant, by and through his counsel of record, hereby stipulate as follows:
1. The defendant was sentenced by the Court on May 9, 2016, following conviction after a guilty plea of one count of bank fraud (18 U.S.C. § 1344).
2. Pursuant to 18 U.S.C. § 3664(d)(5), the Court set a hearing on restitution to determine victim's losses for July 25, 2016 at 10:00 a.m.
3. The parties have reached this agreement and stipulation as to the restitution amount owed by the defendant, as set forth below. The parties therefore jointly request that the agreed restitution be incorporated into the judgment following sentencing.
4. The parties agree and stipulate, and request that the Court find the following:
a. The total amount of restitution owed by defendant Salinas is set forth in Attachment A to this stipulation. Attachment A describes the total amount of restitution and the apportionment of restitution among defendant Salinas' victims in this case.
b. The parties' stipulation and the agreed amount in Attachment A satisfy the requirements of 18 U.S.C. § 3664(d)(5), requiring a determination of victim's losses "not to exceed 90 days after sentencing."
c. Defendant Salinas agrees that the judgment and commitment issued in his case will include the restitution amount and apportionment agreed to in Attachment A.
d. Restitution as stated in Attachment A shall be due during the period of imprisonment, at the rate of not less than $25 per quarter, and pursuant to the Bureau of Prisons' Inmate Financial Responsibility Program. If any amount of restitution remains unpaid after release from custody, the United States Probation Officer assigned to defendant Ricardo Fabian Salinas shall set a schedule ordering payments depending on the defendant's monthly income, but not less than $50.00 per month, during the period of supervised release, such payments to begin 120 days after the commencement of supervision. The interest is waived.
IT IS SO STIPULATED.
IT IS SO FOUND AND ORDERED. The restitution hearing currently set for July 25, 2016 at 10:00am is VACATED. The judgement will be amended to reflect the restitution amount stated in attachment A.
IT IS SO ORDERED.
ATTACHMENT A
Restitution Amount
RICARDO FABIAN SALINAS
Restitution
Property Amount Entity to Receive Resitution Reference
309 Clifton Street, Bakersfield $261,598.66 Bank of America, N.A. Bates Ricardo Salinas 00016-18;
Jara 45855
Restitution Total:
___________________
$261,598.66
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