Generose Yambao will serve a 27-month prison sentence after admitting to applying for a loan from a California credit union while in a county jail serving time for fraud.
While incarcerated at the West County Detention Center in Richmond, Calif., Last year, Yambao posted a loan request with a handwritten letter in an envelope stamped “County Jail Inmate Material” .
The fraudulent loan application she submitted in this case was easily detected and rejected by employees of the $ 5.9 billion Redwood Credit Union in Santa Rosa, Calif., According to court documents.
“The stamp on the envelope, the odd handwritten letter and the fact that the defendant was not a member of the Redwood Credit Union immediately set off red flags,” prosecutors wrote in court documents.
Yambao was reportedly sentenced to eight years in prison in 2012 for an identity theft case involving eight victims.
Her defense attorney said Yambao suffered from mental health issues related to a crippling drug addiction, although she no longer uses drugs.
“The sad reality is that Ms. Yambao had unrestricted access to drugs while in detention for this state offense, and was actively addicted and consumed throughout the offense in court,” Yambao’s lawyer wrote. in court documents. “Drug use while driving the offense is not offered as a mitigation: Ms. Yambao accepts full responsibility for her crimes. It is, however, striking to now see the remarkable change in this woman’s life now that she is no longer using drugs: a change that bodes well for her full rehabilitation.
After pleading guilty to bank fraud and making a false statement on a loan and credit application, Yambao was sentenced on October 21 by a federal judge in the U.S. District Court in San Francisco. She is expected to start her 27-month prison sentence in February 2021.