Long Island Man Sentenced to 42 Months' Imprisonment for $3 Million Bank Loan Scheme
14 May 2024 at 12:00
“The defendant’s scheme of submitting fraudulent applications for commercial loans and lines of credit to Bank of America was full of lies and deception so with today’s sentence the defendant learns a powerful truth, that cheating financial institutions for personal gain will be punished and the cost is significant,” stated United States Attorney Peace.