Georgia Man Pleads Guilty To Bank Larceny
CONTACT: Barbara Burns
PHONE: (716) 843-5817
FAX: (716) 551-3051
BUFFALO, N.Y.--U.S. Attorney William J. Hochul, Jr. announced today that Damian Linton, 35, of Atlanta, Georgia, pleaded guilty to bank larceny before U.S. Magistrate Judge H. Kenneth Schroeder. The charge carries a maximum penalty of one year in prison and a fine of $100,000.
Assistant U.S. Attorney Maura K. O'Donnell, who is handling the case, stated that Linton operated a business that created fraudulent pay stubs and other fraudulent documents. Some of those documents were then submitted to various lenders in support of fraudulent loan applications, causing lenders to release funds, under fraudulent pretenses.
The plea is the culmination of an investigation by Special Agents of the FBI, under the direction of .
Sentencing for Linton is scheduled for January 7, 2016 before Judge Schroeder.