Cresson Man Charged with Making False Statements on Loan Applications
JOHNSTOWN, Pa. – On May 11, 2016, a Cambria County resident was indicted by a federal grand jury in Johnstown on charges of making false statements on loan applications, United States Attorney David J. Hickton announced today.
The three-count indictment named Justin M. Hickox, 28, of Cresson, Pa., as the sole defendant.
According to the indictment presented to the court, on Sept. 4, Sept. 18 and Oct. 23, 2014, Hickox knowingly made false statements in applications for vehicle and personal loans from G.A.P. Federal Credit Union and Your Choice Federal Credit Union.
The law provides for a maximum total sentence of 90 years in prison, a fine of $3,000,000 or both. Under the Federal Sentencing Guidelines, the actual sentence imposed would be based upon the seriousness of the offenses and the prior criminal history, if any, of the defendant.
Assistant United States Attorney John J. Valkovci, Jr., is prosecuting this case on behalf of the government.
The Laurel Highlands Resident Agency of the Federal Bureau of Investigation conducted the investigation leading to the indictment in this case.
An indictment is an accusation. A defendant is presumed innocent unless and until proven guilty.