Former UTEP, NMSU athletes get probation in federal bank fraud case
A former UTEP women’s basketball player and a former NMSU football player were sentenced Thursday for their roles in a bank fraud scheme.
Jenzel Nash plead guilty to multiple charges in April. Other charges were dropped in exchange for the plea deal.
Also in April, Terrence Yelder pleaded guilty to one count of bank fraud.
Both were sentenced to five years' probation.
Nash was ordered to give back more than $67,000 to the federal government. She was also ordered to pay more than $26,000 to the banks that incurred losses as a result of the scheme.
They were two of seven people arrested last year on suspicion of defrauding local banks and credit unions through applications for at least $237,000 in personal loans and lines of credit.
Others indicted in the fraud case were former Chubby’s Bronx Deli owner Michael Nedal Annabi and his wife Perla Maldonando Annabi Basem Elgeda, and Daniel Munoz.
From July 31, 2013, to March 22, 2016, the group allegedly conspired to defraud 21 financial institutions nationwide in connection with a loan scheme.
The indictment said they would acquire loans and lines of credit by providing fake personal and income information.