Paula Medley, 38, of Largo, was sentenced today to 37 months in prison, followed by three years of supervised release for bank fraud, announced U.S. Attorney Rod J. Rosenstein. U.S. District Judge Deborah K. Chasanow also ordered Medley to pay restitution of $142,782.15.
According to the statement of facts presented on Dec. 7, 2005 at her guilty plea, from November 2000 to about January 2003 Medley submitted loan applications to various banks and credit unions to purchase cars and other items.
The applications were submitted using false information, including false social security numbers, false income, date of birth and a fictitious income tax return. After receiving the loans Medley failed to make any payments. The total losses to the various entities was $142,782.15.
Evidence presented at the sentencing hearing revealed that in March 2006, while on release pending sentencing, Medley used a social security belonging to someone else to apply for and obtain a loan for a 2006 Land Rover. This conduct was considered by Judge Chasanow in her finding that Medley failed to accept responsibility for the criminal conduct to which she pled guilty.
The Treasury Inspector General for Tax Administration investigated the case. Assistant U.S. Attorney Gina L. Simms prosecuted the case.