Aurora Man Convicted of Defrauding Non-Profit of More Than $880,000 Intended to Address Cleveland Food Desert
An Akron man was indicted for using a fraudulent Social Security number and falsely overstating his income to obtain a mortgage of more than $300,000.
Bobbie W. Williams, a.k.a. Robert W. Williams, 56, was indicted on one count of bank fraud and two counts of bankruptcy fraud.
The indictment alleges Williams falsified information on his loan application in order to secure the purchase of the property located on Ridgewood Road in Akron. Then, after WILLIAMS could not make the payments on the property and it went into foreclosure, he falsified information in his bankruptcy petition, including his true identity and his ownership of the Ridgewood Road property.
An indictment is only a charge and is not evidence of guilt. A defendant is entitled to a fair trial in which it will be the government’s burden to prove guilt beyond a reasonable doubt.
If convicted, the defendant’s sentence will be determined by the Court after review of factors unique to this case, including the defendant’s prior criminal record, if any, the defendant’s role in the offense and the characteristics of the violations. In all cases, the sentence will not exceed the statutory maximum and, in most cases, it will be less than the maximum.
The matter is being prosecuted by Assistant U.S. Attorney Mark S. Bennett, and Special Assistant U.S. Attorney Amy Good, Trial Attorney, United States Trustee, after an investigation conducted by the U.S. Department of Housing and Urban Development, Office of Inspector General and the Cleveland office of the Federal Bureau of Investigation.