{"id":11692,"date":"2015-05-01T16:07:31","date_gmt":"2015-05-01T23:07:31","guid":{"rendered":"https:\/\/cjnotebook.com\/?p=11692"},"modified":"2015-05-01T16:07:31","modified_gmt":"2015-05-01T23:07:31","slug":"disbarred-lawyer-sent-to-prison-for-tax-and-bank-fraud-involving-his-properties","status":"publish","type":"post","link":"https:\/\/cjnotebook.com\/?p=11692","title":{"rendered":"Disbarred Lawyer Sent to Prison for Tax and Bank Fraud Involving His Properties"},"content":{"rendered":"
\"John<\/a>
John C. McBride<\/figcaption><\/figure>\n

BOSTON\u00a0<\/b>\u2014A Boston area attorney, who was disbarred in 2007 after practicing law for more than three decades, was sentenced to federal prison this week for tax and bank fraud violations, officials said.<\/p>\n

John C. McBride<\/strong> recorded fraudulent tax and bank releases on his seaside Marblehead home and his vacation home in Edgartown on Martha\u2019s Vineyard. Both properties were later foreclosed on, according to authorities.<\/p>\n

\u00a0McBride<\/strong>, 66, was sentenced\u00a0to\u00a0two years in prison and restitution to be determined at a later date, according to officials.<\/p>\n

In January 2015, McBride pleaded guilty before U.S. District Chief Judge Patti B. Saris<\/strong> to bank fraud and endeavoring to obstruct and impede the due administrations of the Internal Revenue laws.<\/p>\n

In early 2008, McBride, a now-disbarred criminal defense lawyer, recorded six fraudulent federal tax lien releases against his Marblehead home, in order to obtain a $288,000 loan secured by that property and deprive the IRS of its nearly $700,000 secured interest, authorities stated.<\/p>\n

McBride prepared the releases himself, without the knowledge or authorization of the IRS, and forged the signatures of IRS officials on them, officials stated.<\/p>\n

In March 2008, McBride attempted, unsuccessfully, to record two similar fraudulent tax lien releases against a second home he owned in Edgartown, on Martha\u2019s Vineyard.<\/p>\n

In 2011, McBride attempted to obtain a $387,000 reverse mortgage loan from Bank of America, which was to have been secured by his Edgartown property.<\/p>\n

In connection with that loan application, McBride falsely told the bank that there were no liens on the Edgartown property and that he was not then in bankruptcy.<\/p>\n

In fact, there were substantial liens on the property and McBride\u2019s bankruptcy case, which he had filed in 2009, was still ongoing.<\/p>\n

In furtherance of his effort to obtain the bank loan, officials said McBride prepared and recorded a fraudulent and unauthorized discharge of mortgage which purported to discharge a more than $700,000 existing mortgage on his Edgartown property.<\/p>\n

Bank of America discovered that the discharge was fraudulent before the loan closed, and no funds were disbursed to McBride, authorities stated.<\/p>\n","protected":false},"excerpt":{"rendered":"

BOSTON\u00a0\u2014A Boston area attorney, who was disbarred in 2007 after practicing law for more than three decades, was sentenced to federal prison this week for tax and bank fraud violations, officials said….<\/p>\n","protected":false},"author":1,"featured_media":11695,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[1349],"class_list":["post-11692","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-disbarred"],"yoast_head":"\nDisbarred lawyer sent to prison for fraud<\/title>\n<meta name=\"description\" content=\"Disbarred lawyer sent to Prison for tax and bank fraud\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cjnotebook.com\/?p=11692\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta 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