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Farm broker gets sentenced to prison

ALBANY, Ga. — Guilty of four financial felony counts, Joseph Wiley Jordan, 64, of Albany, must report to prison on a 15-month sentence with two years of supervised release after the incarceration, said a U.S attorney reported.

U.S. District Judge W. Louis Sands sentenced Jordan, a farm broker, on Wednesday for two counts conspiracy to bribe and kickback and two counts of bribing and kicking back money to a bank officer.

Jordan was allowed to remain on bail, but those sentenced typically must report to prison within 60 days, a U.S. Attorney’s Office spokeswoman said.

“This prosecution was successful because of the cooperation of our law enforcement partners and the hard work of the agents and prosecutors assigned to the case,” said U.S. Attorney Michael Moore.

The case was investigated by the FBI and the Secret Service. U.S. Assistant Attorney Jim Crane prosecuted the case.

According to case documents, Jordan attempted to bribe Larry Malone, chief lending officer at Southwest Georgia Farm Credit. The bribes amounted to more than $440,000 so that Jordan could secure more than $3.4 million in loans from Malone’s organization.

Comments

DoctorDorite 1 year, 7 months ago

Wow ! Almost 8 months from the guilty verdict to the sentenceing hearing and he is still given 60 days to report by the Judge ???? Also no mention of fines or restitution along with his sentence, Yep, white collar crime is definetly the way to go ! Go steal a hub cap and see what punishment YOU get. LOL

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bigbob 1 year, 7 months ago

This is how your judicial system works. The judge is most likely friends with someone involved.

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FryarTuk 1 year, 7 months ago

If he had been found guilty of 69 counts of medicaid fraud Judge Sands would have given him 18 months free until the bench determined if there was sufficient evidence for the jury of his peers to convict the criminal, then another 20 months until the sentencing, then set free though he had just been given 24 months to serve because the judge wanted to see if the Camilla Pharmacist had a dred disease. The trial was in October 2009 and the convicted Camilla pharmacist is still out running free (very healthy BTW) and not served a minute of his sentence. This for stealing millions of taxpayers money.

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RedEric 1 year, 7 months ago

The only explanation seems to be that " stealing taxpayers money" is inaccurate. Taking more than your share of taxpayer money may be the proper term and they have to call it a felony to satisfy the bloodlust of the little people. It will be so nice after Obama finishes "adjustment"of the constitution.

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FryarTuk 1 year, 7 months ago

No, he stole the taxpayers' money. Let's keep in perspective. He's free and more than likely will never serve a minute of prison time. I understand the justice department has been frustrated by this as well. Apparently, this has never been done for this type of crime. Usually when they are found guilty they immediately are sentenced and taken into custody and are not allowed to be released for appeals. Somethings rotten about this one.

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DoctorDorite 1 year, 7 months ago

Its strange that 3 weeks ago in the same court a local bank teller was found guilty of fraudgently cashing a few tax return checks for her "freinds" and she's sent packing then and there to serve her sentence. Something is definetly wrong and its happening right under our noses when people can steal 10+ million dollars and are only sentenced to a 1 or 2 year term and are then given the opition to report at their descrition. When released they file bankruptcy thru the same court while they have a nice tidy sum waiting for them in a Cayman Islands Bank to live happily ever after. The end of the story goes....."with liberty and justice for all", gotta love it !!

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observer1 1 year, 7 months ago

Those familiar with Mr. Jordan's reputation for sharp business practices and unethical conduct applaud the conviction and the sentence. Kudos to the U.S.Attorney for sending this criminal and his buddies to prison, hopefully somewhere cold.

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whattheheck 1 year, 7 months ago

It will be a mere inconvenience for most of the folks.who will likely go to a nice facility like the one at Eglin. White collar criminals, the important ones, get little more than a slap unless the theft is a "Madoff" with enough money involved to get folks attention.. The guy taking the bribes will get drubbed the most.

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erock 1 year, 7 months ago

Jail time don't bother these folks, go after their assets

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Cartman 1 year, 7 months ago

15 months to serve? That's all? Wow.

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agirl_25 1 year, 7 months ago

Did you know there is a page you can go to:

http://web.userinstinct.com/12817313-u-s-government-courts-middle-district-w-louis-sands-u-s-judge.htm

to give your opinion about how you feel about Judge Sands and his ruling on not only Mr. Jordon but others in the past? I for one am kind of sick of these judges using such, what I believe to be such soft sentencing, and am going to let my voice be heard.

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