5Linx’s Jeb Tyler sentenced to 14 months prison for fraud


Following a conviction earlier this yr, 5Linx co-founder Jeb Tyler has been sentenced to 14 months in jail.

Tyler was arrested early remaining yr along with Craig Jerabeck and Jason Guck.

His wire and tax fraud convictions stem from fraudulently siphoning funds out of 5Linx, along with providing false information to the IRS.

Together with jail time, Tyler’s Canandaigua, New York residence is subject to forfeiture. He has moreover been ordered to pay $2.7 million in restitution.

Craig Jerabeck acquired a associated 14 month jail sentence remaining week. Jason Guck is scheduled for sentencing on December nineteenth.