A 56-year-old former Commerce Department accountant was convicted of bank fraud, conspiracy, obstruction of justice and identity theft in connection with a scheme to obtain fraudulent mortgages on Wednesday in federal court, prosecutors said.
Gregory L. McCormick of Silver Spring is scheduled to be sentenced on Sept. 19 in the District?s federal court, where he faces a minimum of two years in prison.
During his trial, prosecutors Susan Menzer and Sean Delaney proved that McCormick conspired with a professional sports manager and others to obtain multiple fraudulent mortgages.
The manger, Nathan Peake, has pleaded guilty to income tax evasion: Peake did not file income tax returns or pay taxes from 2000 through 2007, prosecutors said. Peake is scheduled to be sentenced on Aug. 2.
McCormick was also convicted of obstruction of justice for lying about his role in Peake?s financial affairs to investigators and a grand jury; he also failed to produce records requested by the grand jury.
???initialComments:true! pubdate:06/10/2011 09:01 EDT! commentPeriod:3! commentEndDate:6/13/11 9:1 EDT! currentDate:6/10/11 7:58 EDT! allowComments:true! displayComments:false!
SuperFan
SuperFan badge holders consistently post smart, timely comments about Washington area sports and teams.
If your comments or those of another user measure up, please let Post editors know.
Washingtologist
Washingtologists consistently post thought provoking, timely comments on events, communities, and trends in the Washington area.
If your comments or those of another user measure up, please let Post editors know.
Post Writer
This commenter is a Washington Post editor, reporter or producer.
Post Recommended
Washington Post reporters or editors recommend this comment or reader post.
You must be logged in to report a comment.
You must be logged in to recommend a comment.
cpa rancho cucamonga california cpa in rancho cucamonga cpa firms rancho cucamonga ca Yorke CPA\'s www.yorkecpas.com
No comments:
Post a Comment