California woman gets 18 months in prison for Bakken scam

2013-04-03T05:57:00Z 2013-04-03T15:19:55Z California woman gets 18 months in prison for Bakken scamThe Associated Press The Associated Press
April 03, 2013 5:57 am  • 

A California woman has been sentenced to 18 months in prison for her role in a scam that duped investors across the country into sinking money into fictitious oil and gas projects in Eastern Montana.

Dana Yvonne Kent of Santa Ana, Calif., was sentenced Monday by U.S. District Judge Sam Haddon in Great Falls after previously pleading guilty to one count of investment fraud by wire.

Under a plea deal, prosecutors dropped charges of conspiracy to commit fraud and investment fraud by mail.

Authorities say Kent and five co-defendants participated in a scheme that convinced unwary investors to sink $673,000 into a fictitious drilling project in Montana's Bakken oil patch.

Her co-defendants pleaded not guilty after refusing deals offered by prosecutors. They are slated to go to trial April 29.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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