47 year old George Barnard will be spending the next several years in prison and will have to pay nearly $13 million in restitution, per a judicial order. Barnard was sentenced Thursday for committing mortgage fraud in order to purchase three homes in Avalon. Barnard targeted victims through Capital Financial Mortgage Corporation. Barnard also lied in order to get Commerce Bank to underwrite a large purchase of a sport fishing boat. This report is from the Courier Post.
