Odessa Businessman Sentenced to Federal Prison for Defrauding Family and Friends out of $18 Million

In Midland today, a federal judge sentenced 45-year-old James Clinton Fletcher, owner of now-defunct San Jan, LLC, to 15 years of imprisonment for defrauding investors out of more than $18 million through various fraudulent schemes. In addition to the prison term, U.S. District Judge David Counts ordered that Fletcher pay $18,279,111 in restitution to his victims and $1,177,231 in restitution to the IRS.  Judge Counts also ordered that Fletcher be placed on supervised release for a period of three years after his prison term.  On December 22, 2020, Fletcher pleaded guilty to one count of conspiracy to commit wire fraud […]