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INQUIRY JX-DOJ-PR-20260731-457135545Opened AUG 21 2026Quick look

Longmeadow Accountant Sentenced to Prison for $18 Million Loan Fraud Conspiracy

Where this inquiry stands
Stage 1 of 5 · Opened
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The chronology

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Docket event
Entered on the record AUG 21 2026Occurred AUG 21 2026
On the record
Crime

No crime on the record yet.

Statutes

No statutes on the record yet.

Place

No place on the record yet.

Status
Sentenced

"Longmeadow Accountant Sentenced to Prison for $18 Million Loan Fraud Conspiracy."

In July 2026 , Masaschi was sentenced to four years in prison, to be followed by three years of supervised release.

"In July 2026 , Masaschi was sentenced to four years in prison, to be followed by three years of supervised release."

Parties

No parties on the record yet.

Amounts
$392,607 Restitution

"Gendron was also ordered to pay $392,607 in restitution for bank fraud, her apportioned share of the total loss."

$18,203,030 Restitution

"Masaschi was also ordered to pay $18,203,030 in restitution."