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Wednesday, September 30, 2020
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Banking Plano man gets prison for bank fraud

Plano man gets prison for bank fraud

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Robert Francis
Robert Francis
Robert is a Fort Worth native and longtime editor of the Fort Worth Business Press. He is a former president of the local Society of Professional Journalists and was a freelancer for a variety of newspapers, weeklies and magazines, including American Way, BrandWeek and InformatonWeek. A graduate of TCU, Robert has held a variety of writing and editing positions at publications such as the Grand Prairie Daily News and InfoWorld. He is also a musician and playwright.

SHERMAN, Texas (AP) — A North Texas man has been sentenced to more than two years in prison over the unauthorized sale of someone else’s property twice within a week.

A federal judge in Sherman on Wednesday sentenced 43-year-old Anthony Glen Jones of Plano. Jones last October pleaded guilty to bank fraud in connection with a federally insured home loan.

Prosecutors say Jones in 2007 defrauded Prime Lending — a subsidiary of Plains Capital Bank. Authorities say Jones used another person’s identity without the individual’s knowledge or consent to sell the same Fort Worth property twice within one week.

Investigators say Jones caused a fraudulent loan application to be submitted to Prime Lending, which provided more than $184,000, but didn’t say he already sold that property.

Jones must also repay nearly $350,000.

 

 

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