KANSAS CITY, Mo. — A California man was sentenced to nine years and three months in federal prison without parole for a nearly $460,000 bank fraud scheme.

Federal prosecutors say 61-year-old Michael Keefe White, of Winnetka, California, was sentenced Thursday. The money from the scheme was used to buy gold coins, which haven’t been found. White also was ordered to pay $288,769 in restitution.

When he pleaded guilty in February, White admitted he used counterfeit identifications and checks stolen from the mail to open bank accounts in Missouri, Oregon and other states. He then withdrew the money from the illegal accounts and laundered the proceeds through gold coin companies in California. He bought at least $227,628 in gold coins.

The court found White breached his plea agreement when he wasn’t truthful about the gold coins.