Jason Sheppard, 29, of Oakdale, Pennsylvania

A grand jury returned a five-count indictment charging Sheppard with five counts of Wire Fraud. From October 2009 to January 2010, Sheppard operated TruClose Financial Services, an entity that specialized in closing real estate transactions.  According to the indictment, Sheppard withdrew money from the accounts for his personal benefit which causes the company to fail to meet the financial obligations that TruClose Financial Services was representing to the lending institutions that they were paying.  He also caused the wire transfer of more than $830,000 from the accounts of financial institutions outside Pennsylvania to the First Niagra Bank account of his Pittsburgh-based company. The law provides for a total sentence of 100 years in prison, a fine of $1.25 million, or both.