News and Press Releases

Black and White DOJ LogoPrinter Friendly IconPrinter Friendly

July 30, 2014

Department of Justice

United States Attorney William C. Killian Eastern District of Tennessee

Loan Officer Pleads Guilty To Conspiracy To Commit Wire Fraud

KNOXVILLE, Tenn. – On July 29, 2014, Paulynn Wright, 42, of Knoxville, Tenn., pleaded guilty in U.S. District Court for the Eastern District of Tennessee at Knoxville, to conspiracy to commit wire fraud. Sentencing has been set for 2:00 p.m., on Dec. 3, 2014, before the Honorable Thomas A. Varlan, Chief U.S. District Judge.

Wright faces a potential term of up to 20 years in prison, along with the forfeiture of any proceeds of the offense and the obligation to pay restitution.

In a plea agreement on file with the U.S. District Court, Wright admitted to conspiring with co-defendants Joyce Allen, Kay Thomas and Dona Rector to obtain a mortgage loan by providing false information to a lender. This information consisted of an asset verification letter from Allen that falsely stated that Wright had an investment with Benchmark Capital.

The indictment against Wright was the result of an investigation by the Internal Revenue Service, U.S. Postal Inspection Service, and Federal Bureau of Investigation. Assistant United States Attorney Frank M. Dale, Jr. represents the United States.

Return to Top

USAO Homepage
USAO Briefing Room
Justice 101
Stay Connected with Twitter
Victim Witness Assistance

Making sure that victims of federal crimes are treated with compassion, fairness and respect.

Law Enforcement Coordinating Committee

Training and seminars for Federal, State, and Local Law Enforcement Agencies.