Buffalo man to pay $8.7M in restitution after fraud scheme, sentenced to 7 years in prison
Ava Martinez
Ava Martinez
Reporter · Buffalo, NY
Ava Martinez has spent over 3 years covering community issues in Buffalo, particularly focusing on social justice initiatives and grassroots movements. With a degree in Sociology from the University at Buffalo, she has a deep understanding of the societal factors impacting local neighborhoods. Ava previously worked as a community organizer before transitioning to journalism.
More from Ava →Reporter · Thursday, November 5, 2026 at 7:48 PM · 1 min read
BUFFALO, N.Y. (WIVB) -- A Buffalo man has been sentenced to more than seven years in prison and will pay nearly $9 million in restitution after submitting hundreds of fraudulent financing applications, the United States Attorney's Office said Thursday. Paul Paredes, 54, was sentenced to seven years and three months in prison and was ordered [...]