Anthony Iacono, Jr., 60, Rutledge, Pennsylvania, was sentenced to 81 months in prison for fraudulently obtaining over $2 million in cash and real and personal property.

Iacono pleaded guilty to wire fraud, credit card fraud and aggravated identity theft charges on August 19, 2010. Judge Bartle described the actions of the defendant as committed with a “depravity of heart and mind.”

Iacono fraudulently obtained over $2 million in loans secured by properties owned by his parents and other family members using fraudulent powers of attorney and credit cards in the names of relatives and businesses owned by relatives. To obtain the credit card used in the identified credit card transactions, Iacono used the victims’ names, dates of birth and Social Security numbers without permission. When he failed to pay the loans, his family bore the brunt of the lenders efforts to recover their money.

In addition to the prison term, U.S. District Court Judge Harvey Bartle III ordered forfeiture and restitution in the amount of $2,098,000. There was no fine imposed because the court found the defendant without means to pay one.

United States Attorney Zane David Memeger annouced the sentence.

The case was investigated by the FBI and is being prosecuted by Assistant United States Attorney Pamela Foa.