"Serial fraudster" sentenced to two years in prison for mail fraud conspiracy
Grand Rapids, Michigan — Wavy Curtis Shain of La Grange, Kentucky was sentenced to 24 months in federal prison for conspiring to commit mail fraud. Shain pleaded guilty to the charge in September 2020. U.S. District Judge Janet T. Neff also ordered Shain to pay $23,373.92 in restitution and imposed a $40,000.00 fine. In 2017, Shain was on supervised release for a prior federal mortgage fraud conviction when he conspired with an individual in the Western District of Michigan ("Person A") to fraudulently obtain loans for an Okemos-based health care provider, Advanced Medical Services, P.L.L.C...
Source: irs.gov