CHARLOTTE, NC– A scheme involving fraudulent automobile and personal loans has left four people serving federal prison sentences
U.S District Judge sentenced Shawn Davis, 44 and Darren Eugene Littles, 47 to 30 and 27 months in prison for their part in a scheme involving more than $1 million.
Littles was also ordered to pay $394,784.50 and Davis $45,284.04, they both plead guilty to one count of bank fraud conspiracy and one count of financial institution fraud.
According to court records, Littles was the primary facilitator of the conspiracy, recruiting individuals to submit fraudulent loan application, contacted financial institutions, submitted fraudulent loan packages and at times stole identities and impersonated other people to facilitate the fraud.
Two additional defendants were charged March, 30th in connection with the scheme, Kimberly Arnell Cureton, 45, of Rock Hill, S.C. was sentenced to 24 months in prison pleading guilty to aggravated identity theft, and Kevin Lamone Desmore, 43, was sentenced to 15 months in prison, pleading guilty to bank fraud conspiracy and false statement loan application.
