Another Obama Donor Convicted of Fraud: Engineered a $21 Million Bank Fraud Scheme
Welcome to Chicago... New York Daily News:
A Democratic fundraiser was found guilty Friday of engineering a $21 million bank fraud scheme.
Courtney Dupree was convicted of vastly overstating the billings of his Long Island City-based lighting company GDC Acquisitions in order to fraudulently obtain a loan from Amalgamated Bank.
Dupree, 42, sat stone-faced as the verdict was read in Brooklyn Federal Court. He faces up to 30 years in prison and has to pay back at least $18 million.