Money Court Sued

Pasco County Man Pleads Guilty In Pennsylvania To Loan Fraud For Bentley Priced At $174,525

PASCO COUNTY, Fla. - A Pasco County man pleaded guilty in federal court to a charge of bank fraud on Thursday in the Western District Of Pennsylvania.
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PASCO COUNTY, Fla. – A Pasco County man pleaded guilty in federal court to a charge of bank fraud on last week in the Western District Of Pennsylvania.

Theodosios K. Moustakopoulos, 41, New Port Richey, FL pleaded guilty to the one count charge.

According to the Department of Justice, in October 2016, Moustakopoulos applied for an auto loan from S&T Bank to purchase a Bentley sedan for $174,525.30. According to the allegations, Moustakopoulos made false statements in the loan application.

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Judge Bissoon scheduled sentencing for January 17, 2024.

He faces a total sentence of 30 years in prison, a fine of $1,000,000, or both.

Pending sentencing, the court continued Moustakopoulos’ bond.

Assistant United States Attorney Gregory C. Melucci is prosecuting this case on behalf of the government.

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