Canyon County Woman Sentenced for Bank Fraud and Bankruptcy Fraud
BOISE – Shawna Lea Pennington, 40, of Caldwell, Idaho, was sentenced today in United
States District Court to six months in prison and six months of home detention for bank fraud
and bankruptcy fraud, U.S. Attorney Wendy J. Olson announced. U.S. District Judge Edward J.
Lodge also ordered Pennington to serve five years of supervised release. She pled guilty to the
charges on March 20, 2012.
According to the plea agreement, Pennington admitted to submitting a loan application to
Zions Bank in March 2010 with a false and fictitious earnings statement and Form W-2, as well
as falsely representing the amount of cash in checking and savings accounts. Zions Bank funded
the loan based on the misrepresentations. In December 2010, Pennington filed a Chapter 13
bankruptcy petition. She admitted to failing to disclose the names of creditors on her bankruptcy
schedule, which would have provided them notice of her bankruptcy filing.
The case was investigated by the Nampa Police Department with assistance from the
Idaho Attorney General’s Office, the Federal Bureau of Investigation, and the Office of the
United States Trustee.
Project Safe Neighborhoods (PSN) is a collaborative effort by federal, state, and local law enforcement agencies, prosecutors, and communities to prevent and deter gun violence.