(KRON) -- A San Francisco resident, Gregory Finkeslon, was sentenced to a year in prison on Wednesday. The sentencing, according to the Department of Justice, was in connection with Finkelson's fraudulent receipts of more than $300,000 in low-income housing benefits. According to the DOJ, from August 2006 to February 2020, Finkelson falsely received $340,000 in benefits from the Section 8 Certificate Program. In his plea agreement, Finkelson, 64, admitted that he received the Section 8 benefits by falsely reporting that he did not own a house that he actually purchased in 2005 and by falsely claiming "he was merely an employee of a company that he in fact owned and operated out of his residence." The San Francisco resident, according to prosecutors, continued his "fraudulent conduct" even after the San Francisco Housing Authority acted to terminate his Section 8 benefits. Finkelson's San Francisco residence is currently worth $2.4 million, according to the DOJ. “This defendant fraudulently obtained housing benefits designated for some of the neediest individuals in our society and used them to enrich himself,” said United States Attorney Ismail J. Ramsey. Feds: Mountain View man lied about military service, fighting ISIS More specifically, the DOJ said Finkelson admitted to using the name of a Russian woman living in Russia to purchase his San Francisco home: "claiming, wrongfully, that she was his landlord and that he made rent payments to her." Finkelson also admitted to opening several bank accounts under the Russian woman's name to "conceal his use of the ill-gotten Section 8 subsidies," the DOJ wrote. According to prosecutors, Finkelson used the funds to "benefit himself" with the following: Funding his business Paying his credit card bills Making payments to a timeshare in Hawaii “I am proud of the work this Office does to prosecute those who defraud the government, particularly where, as here, it is low-income families who suffer the most as a result of the defendant’s selfish conduct," Ramsey said. In addition to his prison sentence, Finkelson was ordered to pay $341,455 in restitution, which the DOJ says represents the total amount he admitted stealing from the government.