Pawleys man facing 30 years and a possible $1 million fine for loan fraud
A Pawleys Island man has admitted to accepting loan payments illegally, according to U.S. Attorney General Bill Nettles.
Matthew Skinner, 36, pled guilty in federal court to the charge of Receipt of Commissions or Gifts for Procuring Loans.
Nettles said Judge Terry L. Wooten accepted the guilty plea and will impose sentence after he has reviewed the presentence report which will be prepared by the U.S. Probation Office. †
According to Nettles, Skinner was working at RBC Bank in Horry County in June, 2008 when he accepted payment from a private individual not associated with the bank in connection with mortgage loans.
Skinner, Nettles said, admitted to accepting payments on several other occasions.
Skinner is facing up to 30 years in prison and possibly a fine of up to $1 million.
†The case was investigated by agents of the Federal Bureau of Investigation. Assistant United States Attorney John C. Potterfield of the Columbia office handled the case.
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