Greg Eagle Sentenced to 6 Years in Prison

Cape Coral real estate developer Greg Eagle was sentenced to 6 years in Federal Prison, followed by 5 years of supervision after his release from custody. There will also be a restitution hearing at a later date to determine the amounts owed and which victims should receive restitution payments. There was some repayment made previously to some victims. Eagle previously pled to 6 counts related to falsifications he made on bank documents, claiming he was the owner of a property that he was really a trustee for. He faced up to 30 years on each count. I haven’t heard what the court ultimately decided should be his guideline sentence range, but due to the $17 million dollar amount in question, and the number of victims, it was likely substantially higher. It sounds like his attorney at the Wilbur Smith firm did a good job of getting him a departure sentence below the guidelines, in spite of the earlier difference of opinion. Eagle has a few weeks to turn himself in to begin his sentence.

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