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3 ex-trucking executives in Texas get prison for $16M fraud

Feb 09, 2016 at 12:08 PM CST

HOUSTON (AP) — The former head of a South Texas trucking company must serve eight years in prison over a nearly $16 million loan scam.

Sergio Lagos was sentenced Monday in federal court in Houston. He's the former CEO of McAllen-based USA Dry Van Logistics.