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Date: 04-08-2022
Case Style:
Case Number: 8:21-cr-00235-VMC-TGW
Judge: Virginia Hernandez Covington
Court: United States District Court for the Middle District of Florida (Hillsborough County)
Plaintiff's Attorney: United States Attorney’s Office
Defendant's Attorney: Luke Lirot
Description: Tampa, Florida criminal defense lawyer represented defendant charged with defrauding a federally insured financial institution out of more than $20 million.
Loyd Tomlinson, age 79, from St. Petersburg, Florida and his son, Loyd Tomlinson II, owned and operated LTA International Global Services LLC (“LTA”), a distribution company. In or around 2015, LTA began to have severe financial problems. In 2016, Tomlinson, I and Tomlinson, II devised a plan to fabricate documents and records to raise money from investors and financial institutions in hopes of salvaging LTA’s business.
Tomlinson, I instructed others to create fake bank statements, inflated sales, accounts receivable, and inventory documents; borrowed money from private investors (who were often also provided fake documents) as off-the-book loans; used other entities as possible alter egos to raise money or divert sales off the books; and concealed from others the true facts about the financial state of LTA. Based on these false statements and representations, in or around July 2019, a financial institution loaned LTA approximately $21 million, which was not recovered.
This case was investigated by the Federal Bureau of Investigation. It was prosecuted by Assistant United States Attorney Rachel K. Jones. Asset forfeiture and restitution matters were handed by Assistant United States Attorneys Julie A. Simonsen and Suzanne Nebesky.
18:1343.F FRAUD BY WIRE, RADIO, OR TELEVISION
(1)
Outcome: Imprisonment: 51 months; Supervised Release: 3 years; Fine: Waived; Restitution: $20,843,694.40; Special Assessment: $100.00 to be paid immediately.
Plaintiff's Experts:
Defendant's Experts:
Comments: