Georgia Man Sentenced for Defrauding Banks and Credit Unions

ERIE, Pa. - A resident of Alpharetta, Georgia, has been sentenced in federal court to serve one day in the custody of the United States Marshal, six months in a Community Confinement Center and six months in home detention while serving three years of supervised release on his conviction of bank fraud, Acting United States Attorney Soo C. Song announced today.

United States District Judge David S. Cercone imposed the sentence on Willie Hugh Joy, 47, of Alpharetta, Georgia.

According to information presented to the court, from in and around January 2009, to in and around January 2013, Joy and his co-defendants engaged in a fraudulent loan program in which a hierarchy of brokers, managers, processors and straw borrowers falsified bank loan documents and supporting documentation in order to obtain various auto and consumer loans and lines of credit from banks and credit unions. Mr. Joy was also ordered to pay restitution jointly with his co-defendants.

Assistant United States Attorney Marshall J. Piccinini prosecuted this case on behalf of the government.

Acting United States Attorney Song commended the United States Secret Service for the investigation leading to the successful prosecution of Joy.