Please E-mail suggested additions, comments and/or corrections to Kent@MoreLaw.Com.

Help support the publication of case reports on MoreLaw

Date: 11-02-2022

Case Style:

United States of America v. Matthew W. Mensinger

Case Number: 4:22-cr-00086

Judge: William W. Brann

Court: United States District Court for the Middle District of Pennsylvania (Lycoming County)

Plaintiff's Attorney: United States Attorney’s Office

Defendant's Attorney:




Click Here to Watch How To Find A Lawyer by Kent Morlan


Click Here For The Best Williamsport Criminal Defense Lawyer Directory


If no lawyer is listed, call 918-582-6422 and MoreLaw will help you find a lawyer for free.

Description: Williamsport, Pennsylvania criminal law lawyer represented Defendant charged with perpetrating a scheme to obtain bank loans through false statements.

Matthew W. Mensinger, age 49, from Berwick, Pennsylvania, was the Chief Lending Officer of a Berwick, Pennsylvania-based financial institution. Between approximately November 2011 and June 2020, Mensinger persuaded family members and business owners to obtain approximately $690,000 in loans from his financial institution, by submitting false loan applications purportedly for small business purposes and home mortgages. Mensinger, in turn, authorized and facilitated the loan approvals in his position as a financial institution officer. In fact, however, the individuals provided the money to Mensinger, who did not qualify to obtain the loans in his own right, and who promised that he would repay the loans.

In addition to Mensinger’s sentence of imprisonment, Chief Judge Brann also ordered him to perform 30 hours of community service, and to pay the remaining restitution owed to the financial institution, of over $290,000.

The case was investigated by the Federal Deposit Insurance Corporation’s Office of the Inspector General, and the Federal Bureau of Investigation. Assistant U.S. Attorney Phillip J. Caraballo prosecuted the case.

18 U.S.C. 1014 provides:

Whoever knowingly makes any false statement or report, or willfully overvalues any land, property or security, for the purpose of influencing in any way the action of the Farm Credit Administration, Federal Crop Insurance Corporation or a company the Corporation reinsures, the Secretary of Agriculture acting through the Farmers Home Administration or successor agency, the Rural Development Administration or successor agency, any Farm Credit Bank, production credit association, agricultural credit association, bank for cooperatives, or any division, officer, or employee thereof, or of any regional agricultural credit corporation established pursuant to law, or a Federal land bank, a Federal land bank association, a Federal Reserve bank, a small business investment company, as defined in section 103 of the Small Business Investment Act of 1958 (15 U.S.C. 662), or the Small Business Administration in connection with any provision of that Act, a Federal credit union, an insured State-chartered credit union, any institution the accounts of which are insured by the Federal Deposit Insurance Corporation, the Office of Thrift Supervision, any Federal home loan bank, the Federal Housing Finance Board, the Federal Deposit Insurance Corporation, the Resolution Trust Corporation, the Farm Credit System Insurance Corporation, or the National Credit Union Administration Board, a branch or agency of a foreign bank (as such terms are defined in paragraphs (1) and (3) of section 1(b) of the International Banking Act of 1978), or an organization operating under section 25 or section 25(a) 1 of the Federal Reserve Act, upon any application, advance, discount, purchase, purchase agreement, repurchase agreement, commitment, or loan, or any change or extension of any of the same, by renewal, deferment of action or otherwise, or the acceptance, release, or substitution of security therefor, shall be fined not more than $1,000,000 or imprisoned not more than 30 years, or both. The term “State-chartered credit union” includes a credit union chartered under the laws of a State of the United States, the District of Columbia, or any commonwealth, territory, or possession of the United States.

Outcome: Defendant was sentenced to 12 months' imprisonment and one day. Two (2) years supervised release, with standard and special conditions. $100 Special assessment. No fine. Restitution in the amount of $291,132.00. The interest requirement is waived.

Plaintiff's Experts:

Defendant's Experts:

Comments:

Fraud by Kent Morlan



Find a Lawyer

Subject:
City:
State:
 

Find a Case

Subject:
County:
State: