Cranberry Woman Pleads Guilty to Using Parents' Identities in Student Loan Fraud Scheme
Meredith Shuster is charged with fraudulently obtaining more than $700,000 in student loans.
A Cranberry Township woman on Thursday pleaded guilty in federal court to charges of bank fraud and mail fraud, according to United States Attorney David J. Hickton. Meredith Shuster, 36, of Redmond Court, pleaded guilty to two counts before United States District Judge Mark R. Hornak. In connection with the guilty plea, the court was told Shuster fraudulently obtained $729,000 in private lender student loans by using the identities and financial information of her parents. Hornak scheduled Shuster’s sentencing for 9:30 a.m. Aug. 8. The law provides for a total sentence of 50 years in prison, a fine of $500,000, or both. Under the Federal Sentencing Guidelines, the actual sentence imposed is based upon the seriousness of the offenses and …
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Nunughbizness
3:57 pm on Wednesday, September 26, 2012
Omg! Just saw this!! Hilarious! more ›