ALBERS MAN PLEADS GUILTY TO OBTAINING MONEY FROM A FINANCIAL INSTITUTION BY FRAUD
Gregory Martindale, 41, of Albers, Illinois, pled guilty to two counts of obtaining money from a financial institution by false and fraudulent representations in violation of Title 18, United States Code, Section 1344, Stephen R. Wigginton, United States Attorney for the Southern District of Illinois, announced today. Between January 31, 2011,and February 23, 2011, Martindale engaged in a scheme to defraud the Bank of Hawaii by forging and uttering checks stolen by Martindale from an individual while Martindale was vacationing in Hawaii. The scheme caused a loss to the financial institution in the total amount of $39,000.
As to each of the two counts, Martindale faces up to 30 years’ imprisonment, a fine of up to $1,000,000, and up to 5 years of supervised release to be served following release from any term of imprisonment. Sentencing is set for February 2, 2012, in federal court in East St. Louis, Illinois.
The investigation was conducted by the Illinois State Police and the Maui, Hawaii, Police Department, Criminal Investigations Division. The case was prosecuted by Assistant United States Attorney Ranley R. Killian.
