[American Woman Sentenced to 58 Months for $8 Million Bank Fraud, Arrested After Years on the Run in South Korea] Odaily Planet Daily News – The U.S. Department of Justice announced that 46-year-old Dallas resident Kwanghee Anh has been sentenced to 58 months in federal prison for her involvement in a years-long bank loan fraud scheme. She has also been ordered to pay approximately $8.34 million in restitution to the affected financial institutions. Anh pleaded guilty on March 17 of this year to one count of conspiracy to commit bank fraud. Prosecutors stated that between January 2014 and March 2016, Anh and her accomplices, while working at Preferred Marketing Group, forged numerous financial documents, including fake IRS W-2 forms, pay stubs, and employment records. These documents were used to inflate clients' income, fabricate employment situations, and assist clients in submitting loan applications containing false information to lending institutions. Investigations revealed that the fraud scheme led multiple lending institutions, including federally insured financial institutions, to issue at least $10 million in fraudulent loans and credit products, resulting in losses exceeding $8.3 million for the financial institutions.