Man Sentenced to Federal Prison for Defrauding Soldiers in Loan Scam

Allison Tussey —  November 24, 2014 — Leave a comment

Daniel Lee Rosales, 21, Killeen, TX, was sentenced to two years in federal prison for stealing money from U.S. Army soldiers though a fraudulent loan scam.

In addition to the prison term, United States District Judge Walter S. Smith, Jr. ordered that Rosales pay $28,180 restitution to his victims and be placed on supervised release for a period of five years after completing her prison term.

On September 4, 2014, Rosales pleaded guilty to one count of false statement on loan or credit application. By pleading guilty, Rosales admitted that in May 2013, he posed as a Sergeant in the First Cavalry Unit at Fort Hood to befriend new Army enlistees and encourage them to apply for signature loans at area banks in order to build up their credit.

Rosales further admitted to instructing them to place false residential and marital status information on loan applications in order to increase the loan amount enlistees could receive from the institution. After the loans were obtained and the checks cashed, Rosales insisted on retaining the majority of the loan proceeds, in his words, “for safekeeping.”

United States Attorney Robert Pitman and Federal Bureau of Investigation Special Agent in Charge Christopher Combs, San Antonio Division, announced the sentence.

This investigation was conducted by the FBI and prosecuted by Assistant United States Attorney Mark Frazier.

 

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