Norfolk Woman Pleads Guilty To Lying On Loan Application To Bank Of The Commonwealth

    NORFOLK, Va. – Natallia Green, 29, of Norfolk, Va., pleaded guilty today in Norfolk federal court to charges of making a false statement on a loan application to Bank of the Commonwealth.

    Neil H. MacBride, United States Attorney for the Eastern District of Virginia, made the announcement after Green’s plea was accepted by United States Magistrate Judge Tommy E. Miller. Green will be sentenced on January 23, 2012, when she faces a maximum penalty of 30 years in prison.

    According to court documents, Green purchased a piece of property owned by the Bank of the Commonwealth on August 12, 2010. In connection with this purchase, Green falsely represented in her loan application that she had $29,000 cash in a bank account. To support this assertion, Green submitted a Suntrust bank statement showing that she had $28,885.60 in her checking account. In reality, Green only had $885.60 in her Suntrust Bank account. Based on this false statement, Green obtained a $108,000 loan from the Bank of the Commonwealth.

    This case was investigated by the Federal Bureau of Investigation, the Special Inspector General for the Troubled Asset Relief Program, the Internal Revenue Service, and the Office of the Inspector General for the Federal Deposit Insurance Corporation. Assistant United States Attorneys Melissa E. O’Boyle and Katherine Lee Martin are prosecuting the case on behalf of the United States.

    A copy of this press release may be found on the website of the United States Attorney’s Office for the Eastern District of Virginia at http://www.justice.gov/usao/vae. Related court documents and information may be found on the website of the District Court for the Eastern District of Virginia at http://www.vaed.uscourts.gov or on https://pcl.uscourts.gov.

    Published on 21/09/2011 01:13:34