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Justice News

Department of Justice
U.S. Attorney’s Office
Middle District of Florida

FOR IMMEDIATE RELEASE
Friday, July 20, 2018

Jacksonville Real Estate Investor Convicted Of Passing Fraudulent Treasury Checks

Jacksonville, Florida – A federal judge has found Neil Andre Butler (46, Jacksonville) guilty of four counts of possessing and passing fraudulent U.S. Treasury checks. Butler faces a maximum penalty of 25 years in federal prison on each count. His sentencing hearing is scheduled for October 23, 2018.

Butler was indicted on October 4, 2017, and elected to be tried by the court, without a jury.

According to evidence presented at trial, Butler was a real estate investor who borrowed funds to buy distressed properties, intending to refurbish and “flip” them for a profit. When his business began to fail, in an effort to stave off his creditors, Butler manufactured and mailed his creditors four fraudulent checks. The checks totaled over $250,000 and were purportedly payable by the United States Treasury. 

This case was investigated by the Federal Bureau of Investigation. It is being prosecuted by Assistant United States Attorney Michael J. Coolican.

Topic(s): 
Financial Fraud
Tax
Component(s): 
Updated July 25, 2018