6th suspect in Benchmark Capital fraud case sentenced to 30 years in federal prison

KNOXVILLE (WATE) – The last of six people charged in a wire fraud, mail fraud and money laundering scheme involving Benchmark Capital was sentenced Monday to 30 years in federal prison.

Joyce Allen, 67, must also may more than $20.7 million in restitution. Forfeiture of the same amount was ordered by the court.

Allen was found guilty after a September 2014 jury trial. The charges were contained in a superseding indictment against her and five others associated with Benchmark Capital filed in March 2014.

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