A federal grand jury on Thursday returned a substitute indictment indicting Fort Myers roofing company owner Casey David Crowther of bank fraud, lending false testimony and illegal money transactions.
A federal grand jury had previously indicted Crowther for indicting COVID auxiliary fraud on September 23.
Crowther, 35, of North Fort Myers and president of Target Roofing, has been accused of falsely purchasing $ 2 million in COVID-19 supplies. He was arrested and charged on September 2, his 35th birthday, and released on September 3 on $ 100,000 bail.
If convicted on all counts, Crowther faces a maximum sentence of 30 years in federal prison for each count of bank fraud and misrepresentation, and up to 10 years in prison for each count of illegal monetary transactions.
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The indictment also tells Crowther that the United States intends to forfeit a 2020 40-foot catamaran, St. James City property and $ 2,098,700 allegedly proceeds from the crime; the property is also forfeited because it was involved in the illegal money transaction.
According to the replacing indictment, as of June 2020, Crowther filed false and fraudulent unified home loan applications with a mortgage broker and mortgage lender as part of his plan, which resulted in the lender disbursing approximately $ 640,381 in loan funds.
In particular, Crowther has deliberately misrepresented its cash and cash equivalents on the URLAs and produced false and fraudulent bank statements allegedly showing that he had more assets than he actually had.
A substitute indictment is a formal charge that a defendant has committed one or more violations of federal criminal law.
Lawyer Nicole Hughes Waid, who represents Crowther, was not available for comment. Crowther will face trial in federal court in Fort Myers Friday.
This case has been investigated by US intelligence. It is being prosecuted by U.S. Assistant Attorney Trent Reichling.
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