CEO impersonator sentenced to nearly 12 years in prison

NAPLES — A Naples man convicted of impersonating executives in Sarasota and Jacksonville to defraud a series of financial institutions of more than $2 million has been sentenced to nearly 12 years in federal prison.

Jeffrey Ihm, 49, also was ordered to pay $2.2 million in restitution to Wells Fargo Bank, CIT and Key Equipment Finance after being convicted of wire fraud and aggravated identity theft.

Additionally, Ihm will have to forfeit a Naples home purchased with proceeds from the scam and $315,000 seized from a credit union checking account that officials say stemmed from the fraud.