David Lane Musk, 53, of Omaha, Nebraska, was sentenced by United States District Court Judge Joseph F. Bataillon to 48 months of jail for wire fraud. A grand jury found him guilty of three counts of wire fraud.
Judge Bataillon also ordered Musk to pay restitution in the amount of $126,715.00 and that his prison time be followed by a three year term of supervised release. Musk had been charged by a federal grand jury of defrauding individuals seeking funding for large real estate development projects.
Musk was operating out of a west Omaha location under the business names of Pavilion Capital Group or Pavilion Commercial Group.
Musk charged $600.00 for the background checks with full knowledge that he did not have any connections to the equity funding sources he claimed to represent.
Musk, who has a 2001 felony conviction for identity theft, was ordered by Judge Bataillon to be placed immediately in the custody of the U.S. Marshal, rather than allowed to self-surrender.
