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Browning Real Estate School Presents: FLORIDA MAN SENTENCED TO 75 MONTHS IN FEDERAL PRISON
 
FLORIDA MAN SENTENCED TO 75 MONTHS IN FEDERAL PRISON FOR
 
BANK FRAUD, MONEY LAUNDERING, AND ID THEFT

  
WASHINGTON, DC - Christy Romero, Special Inspector General for the Troubled Asset Relief Program
 
(SIGTARP), and Pamela C. Marsh, United States Attorney for the Northern District of Florida, today
 
announced that Lawrence Allen Wright, 46, of Niceville, Fla., was sentenced on Tuesday by Senior
 
Federal District Court Judge Lacey A. Collier to 75 months in federal prison and ordered to pay more
 
than $3.7 million in restitution.
 
Wright’s sentence is a result of his guilty plea last October to a seven-count Information charging: one
 
count of conspiracy to commit bank fraud, one count of conspiracy to commit money laundering, two
 
counts of bank fraud, one count of mail fraud, one count of aggravated identity theft, and one count of
 
making a false statement to a federally insured financial institution.
  
 
“For his crimes and for defrauding one bank while it held TARP funds and two other banks that later
 
needed TARP investments, Wright will spend the next six years in federal prison,” said Christy Romero,
 
Special Inspector General ... more

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