LEXINGTON, Ky. — A central Kentucky businessman who submitted false information to receive $1.3 million in coronavirus relief loans and used some of it for gambling debts has been sentenced to three years and six months in federal prison.
Randall “Rocky” Blankenship Jr. also must pay a $30,000 fine, according to a news release from the office of U.S. Attorney Carlton S. Shier IV.
U.S. District Judge Karen C. Caldwell sentenced Blankenship on Thursday. He had pleaded guilty to a charge of conspiring to commit wire fraud.
