Berwick bank officer charged with false loan applications | USAO-MDPA

SCRANTON — The United States Attorney’s Office for the Intermediate District of Pennsylvania announced today that Matthew W. Mensinger, 48, of Berwick, Pennsylvania, has been charged in a criminal information with aiding and abetting the misrepresentations on loan applications.

According to U.S. Attorney John C. Gurganus, criminal information alleges that Mensinger was the loans manager for a financial institution based in Berwick, Pennsylvania. Between November 2011 and approximately June 2020, Mensinger caused other individuals and entities to obtain approximately $690,000 in loans from the financial institution, allegedly for small business purposes. In fact, however, the individuals and entities provided the money to Mensinger, who promised he would repay the loans.

The matter was investigated by officers from the Office of Inspector General of the Federal Deposit Insurance Corporation and the Federal Bureau of Investigation. Assistant U.S. Attorney Phillip J. Caraballo is prosecuting the case.

If convicted, the maximum penalty under federal law for this offense is 30 years in prison, a period of supervised release after imprisonment and a fine. A sentence following a finding of guilt is imposed by the judge after consideration of applicable federal sentencing laws and federal sentencing guidelines.

Criminal information is only an allegation. All accused persons are presumed innocent unless and until found guilty by a court.

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Luisa D. Fuller