Tag: SBA loan fraud
Loan Shark Gets 5.5 Years
⏱ 2 min read Frank Hamilton, 55, of Simi Valley, California, is headed to a federal prison cell for 5.5 years after running a brazen loan fraud that bilked banks and the Small Business Administration out of over $6 million. Judge Wendy Beetlestone in Philadelphia delivered the 66-month sentence yesterday, along with a demand for…
