Chaka Fattah Jr., the son of Pennsylvania Democratic Rep. Chaka Fattah, was sentenced to 60 months in prison on 22 federal counts of bank and tax fraud.
Fattah Jr., who uses the nickname, Chip, was found guilty in November of bank fraud, making false statements to banks to obtain loans and settle loans for less than what he owed, filing false federal income tax returns and failing to pay income tax. He also is guilty of wire fraud and theft from a program receiving federal funds, according to a press release from the Department of Justice. In addition to prison, the 34-year-old was ordered to pay more than $1.1 million in restitution by a Pennsylvania judge. In 2005, evidence showed that Fattah Jr. supplied fake earnings to local banks to receive business lines of credit for companies he operated with an associate, entitled 259 Strategies LLC and Chaka Fattah Jr. & Associates. He then used the money for personal expenses, such as gambling debts, his condominium and a car.