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Delong approved a number of fraudulent loans and prepared the false paperwork that secured SBA guaranties for loans for several co-defendants who have all pleaded guilty and been sentenced. Laughlin involved De Long, an employee of Brookshire Concrete while on bond awaiting his sentencing in the SBA fraud conspiracy, in the fraud scheme.Prosecutors charged Dobbs with first-degree statutory rape and first-degree statutory sodomy. If you are on a personal connection, like at home, you can run an anti-virus scan on your device to make sure it is not infected with malware.PHELPS COUNTY, MO – A Newburg, Missouri man remains jailed amid accusations he had sexual contact with a 10-year-old relative.According to Phelps County Sheriff Richard Lisenbe, deputies received a complaint just after midnight on June 20 about unwanted sexual contact between the man and child.Delong has remained in federal custody since his bond was revoked in November 2014. As a result of the scheme, Mid-America Bank charged off $2,939,161 related to the default of the fraudulent loans involved in the scheme.
Today’s sentencing includes a sentence of three years in federal prison for the SBA fraud and two years in federal prison for the FHA fraud, to be served concurrently. 5, 2010, to defraud the SBA by obtaining loans from Mid-America Bank that were guaranteed by the SBA under federal loan programs designed to provide financial assistance to qualified small businesses. Chubb Insurance paid Mid-America Bank $1,675,000 upon a claim on a policy it maintained. Laughlin, 74, of Waynesville, Mo., each pleaded guilty to their roles in an $18.2 million fraud scheme.
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