A State College man has been placed on probation for two years for failing to fully disclose his assets and income when applying for Section 8 housing.
Ivan Viktorovich Kronin, 32, also must make restitution totaling $54,813 and perform 50 hours of community service, according to the sentence imposed Wednesday by U.S. Middle District Judge Matthew W. Brann.
The self-employed contractor had pleaded guilty in July to a charge of making false statements. Five counts of bank fraud were dismissed in accordance with a plea agreement.
By failing to submit accurate income and asset information to the Centre County Housing Authority between 2007 and 2013, Kronin paid less in rent than he should have.
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He is to pay the U.S. Department of Housing and Urban Development $38,880, with the rest of the restitution going to two banks. That represents the difference between loans for several vehicles and their value when repossessed.
Kronin was accused of inflating his income on applications for loans.
One of the examples cited when he pleaded guilty was in 2009 he listed household income as approximately $13,500 on a Section 8 form and $50,000 on a credit card application
The sentencing guidelines called for a jail sentence in the range of six to 12 months but the government agreed with the defense’s request for probation.