Contractor Sentenced for Submitting False Documents to Lender

Allison Tussey —  March 21, 2014 — Leave a comment

Mark P. Troehler, 39, Herrin, Illinois, was sentenced in United States District Court in Benton, Illinois, on one count of Bank Fraud.

Troehler was sentenced to two months in federal prison followed by two months of home confinement, three years supervised released, and ordered to pay $80,190 in restitution to the Bank of Marion, the victim of the fraud.

On Ocobter 17, 2013, Troehler pled guilty to submitting false lien waivers to the Bank of Marion where he had taken out a construction loan. As previously reported by Mortgage Fraud Blog, Troehler, who was at the time a contractor, took out a loan from the bank to build a home in Herrin, Illinois, and then utilized the funds for personal and unrelated business expenses, while supplying false documents to the bank indicating the funds were being used to build the home.

Stephen R. Wigginton, United States Attorney for the Southern District of Illinois, announced today that

The investigation was conducted by the Federal Bureau of Investigation and prosecuted by Assistant United States Attorneys Ranley R. Killian.

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