Tuesday, May 09, 2006

Florence, S.C. is home to first non-New Yorker guilty of 9/11 fraud

According to the US Attorney’s office in Columbia, S.C. has the dubious honor of having the first non-New York resident found guilty of September 11th fraud. The State newspaper reports that Mr. Roy Singleton of Florence, S.C. pleaded guilty to bank and mail fraud involving his applications to the Small Business Administration for federal financial assistance because the terrorist attack prevented him from selling mobile homes. (Why did it have to involve mobile homes? Sh-crap, the South already gets enough bad press as it is and this hillbilly had to be the one idiot to get busted involving mobile homes.) Also, Singleton pleaded guilty to bank fraud because he sold collateral (without informing Wachovia Bank) that was backing a line-of-credit with the bank. All in all, Singleton received close to ½ a million bucks, but is facing 30-years and a $1 million fine.

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