SHERMAN, Texas — A Paulden, Arizona man has been sentenced to 10 years in federal prison for two multimillion-dollar fraud schemes, including a wire fraud conspiracy that cost a Frisco-area car dealership more than $7 million, federal prosecutors announced.
Read the U.S. Attorney's Office release: https://www.justice.gov/usao-edtx/pr/arizona-man-sentenced-10-years-federal-prison-eastern-district-texas-various
Eastern District of Texas U.S. Attorney Jay R. Combs announced the sentence on November 12, 2026.
The defendant is Mark Exposito, 59, of Paulden, Arizona.
Exposito pleaded guilty in two cases, Case No. 4:23-CR-189 and Case No. 4:25-CR-169, according to the release.
A Dealership Fraud, A PPP Fraud, And Two Districts Consolidated
The fraud charges were originally filed in the Eastern and Northern Districts of Texas and were consolidated for sentencing, according to the release.
In the first case, Exposito conspired with others to commit wire fraud involving a car dealership in the Frisco area, according to the release.
The fraudulent activity resulted in a loss of more than $7 million to the dealership, which eventually went out of business, according to the release.
In the second scheme, Exposito conspired with others to fraudulently obtain more than $2.7 million in Paycheck Protection Program loan proceeds, according to the release.
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120 Months, $10.6 Million In Restitution, And Forfeited Property
U.S. District Judge Amos L. Mazzant III, specially assigned, with U.S. District Judge Ed Kinkeade participating, sentenced Exposito to 120 months in federal prison on November 10, 2026, according to the release.
Exposito was also ordered to pay $10,627,675 in restitution to his victims, including $4,727,675 in the first case and $5,900,000 in the second, according to the release.
He was ordered to forfeit real property and jewelry, according to the release.
Judgment was entered on November 10, 2026, and Exposito is to be held in the custody of the U.S. Marshals Service, according to the release.
A National Fraud Division, An FBI Investigation, And A Tip Line
On April 7, the Department of Justice announced the creation of the National Fraud Enforcement Division, which is focused on investigating and prosecuting fraud, according to the release.
The case was investigated by the FBI and the Small Business Administration Office of Inspector General, and prosecuted by Assistant U.S. Attorney Matt Johnson, according to the release.
Anyone with information about fraud against federal benefit programs can report it to the Department of Justice through its fraud reporting channels.
Sources U.S. Attorney's Office, Eastern District of Texas — Official Press Release, November 12, 2026: https://www.justice.gov/usao-edtx/pr/arizona-man-sentenced-10-years-federal-prison-eastern-district-texas-various
Transparency notes
Published: Nov 12, 2026. No major post-publication update has been logged.
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