Jacksonville Man Pleads Guilty to Defrauding Restaurant Investors

Source: United States Department of Justice Criminal Division

Jacksonville, Florida – George Joshua Floyd (45, Jacksonville) has pleaded guilty to wire fraud. He faces a maximum penalty of 20 years in federal prison. Floyd has agreed to forfeit $1,159,596.26, the proceeds of the scheme to defraud that he personally obtained. He also agreed to make full restitution to the victims of his offense conduct. United States Attorney Gregory W. Kehoe made the announcement.