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Beard, 47, was indicted in December 2011 on two federal counts that he improperly took money from the Federal Emergency Management Agency after falsely claiming storm damage to a residence on Country Road 157 outside Okolona.
He claimed the home was his primary residence, which is was not.
Without a plea deal, he faced up to 40 years in prison and a $500,000 fine.
Wednesday, U.S. District Judge Sharion Aycock sentenced him and Beard paid $8,611 restitution.
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