June is Financial Fraud Month and the Middle District of Alabama has been busy, including prosecuting an attorney who stole over $2 million in a mortgage fraud scheme.

 

Keith D. Gunter, 49, Illinois, pleaded guilty in federal court to an Internet auction scam in which he advertised and sold property in northwestern Alabama that he did not own or never provided title for after receiving payment. 

Dwayne Charles Holcombe, 50, a former vice president at a northwest Alabama bank, was sentenced to two years and five months in prison for fraud that cost a small, locally owned bank more than $1.4 million in noncollectable loans over six years. 

Robert B. Guest, Jr., 46, resident of St. Augustine, Florida, who resided in Orlando at the time of the events in the case, was sentenced by U.S. District Judge Myron H. Thompson to 50 months in federal prison for his role in a mortgage fraud scheme.

On June 18, 2008, Guest pleaded guilty to a one-count felony information charging him with conspiracy to make false