Johnny E. “Jay” Grivette Jr., the man who went from Paradise to prison, was sentenced Tuesday in Sacramento federal court to 4 1/2 years behind bars for his role as a main player in the biggest financial scam in regional history.
Grivette, 39, who grew up in the central Butte County town of Paradise, managed a company for approximately two years that was part of the apparatus known as Loomis Wealth Solutions, a Roseville-based umbrella for an array of entities created and controlled by Lawrence Leland “Lee” Loomis.