A criminal information was filed charging Lawrence Cline, 62, of Englewood, Ohio, with conspiracy to commit bank fraud and bank fraud related to the sale of four homes in Toledo, said Steven M. Dettelbach, United States Attorney for the Northern District of Ohio.
The conspiracy took place from at least November 2005 through July 2006, according to court documents.
If convicted, the defendant’s sentence will be determined by the Court after reviewing factors unique to this case, including the defendant’s prior criminal record, if any, the defendant’s role in the offense and the characteristics of the violation. In all cases the sentence will not exceed the statutory maximum and in most cases it will be less than the maximum.
The investigating agency in this case is the Internal Revenue Service-Criminal Investigations, Toledo, Ohio. The case is being handled by Assistant United States Attorney Gene Crawford.
An information is only a charge and is not evidence of guilt. Defendants are entitled to a fair trial in which it will be the government’s burden to prove guilt beyond a reasonable doubt.
Source: U.S. Department of Justice, Office of the United States Attorneys
