Press Release: U.S. Attorney’s Office, District of Maryland
Loren Young Park, age 52, formerly of Falls Church, Virginia, pleaded guilty today to conspiracy to commit bank fraud, in connection with a scheme to fraudulently obtain business loans guaranteed by the Small Business Administration (SBA), with resulting losses of over $100 million. Loren Park was a fugitive for eight years and was extradited from South Korea to face these charges.
The above is only an excerpt of the article.
[ Read the rest of the article here. ]
Loren Young Park, age 52, formerly of Falls Church, Virginia, pleaded guilty today to conspiracy to commit bank fraud, in connection with a scheme to fraudulently obtain business loans guaranteed by the Small Business Administration (SBA), with resulting losses of over $100 million. Loren Park was a fugitive for eight years and was extradited from South Korea to face these charges.
The above is only an excerpt of the article.
[ Read the rest of the article here. ]