Christopher Jordan Bailey; phony Marine defrauds banks

Chip sends us a link to the New Hampshire Union-Leader which reports that Christopher Jordan Bailey pleaded guilty to charges that he defrauded banks of nearly $300,000 pretending to be a farmer and a decorated, wounded Marine;

Christopher Jordan Bailey, 28, of Brentwood pleaded guilty Wednesday in U.S. District Court to charges of bank fraud, false statements on a loan application and what is known as “stolen valor” for claiming he was a U.S. Marine.

New Hampshire law enforcement became interested in Bailey in March 2014 after Jerry A. Bazata, commercial loan officer and a vice president at Newburyport Five Cents Savings Bank branch in Portsmouth, contacted police concerning $300,000 in fraudulent loans Bailey had obtained from the bank.
– See more at: http://www.unionleader.com/article/20150402/NEWS03/150409710&source=RSS#sthash.jdL0gOJ1.dpuf

From Sea Coast Online;

Further frauds attempted by Bailey were discovered by investigators at Citizen’s Bank and others, where Bailey allegedly used a counterfeit letter from the U.S. Department of Agriculture and an Equifax document. Bailey also allegedly claimed to be entering active duty in the U.S. Marine Corps when applying for a loan from Farm Credit East, backing his claim with yet another fraudulent letter. According to the Thursday press release, Bailey also claimed to have received a Purple Heart, Silver Star and combat action ribbon.

From the Concord Monitor;

Bailey also pleaded guilty to a charge of stolen valor for falsely claiming he had served in the U.S. Marines and had been awarded a Purple Heart and Silver Star to improve his odds of getting the loans.

He faces a maximum sentence of 30 years on the bank fraud and false statements convictions, and a year on the stolen valor count.

Because lying about their service isn’t their only crime…every time.

Category: Phony soldiers