United States v. George Thacker — U.S. District Court, E.D. Tenn.

Case summary

George Thacker was charged by information on April 14, 2022 in the U.S. District Court for the Eastern District of Tennessee, No. 1:22-cr-00054-CEA-CHS, and a plea agreement was filed the same day. Count one charged a violation of 18 U.S.C. § 1343. The government's response to his motion for a downward departure and variance describes the Paycheck Protection Program and the Economic Injury Disaster Loan program, states that he submitted two further fraudulent loan applications after the first, and puts his gains at over $650,000. The order of forfeiture of October 5, 2022 records his agreement to a personal money judgment of $665,600 as the minimum proceeds he personally obtained. Judgment was entered October 6, 2022.

Case at a glance

What did the presentence report calculate?

The government's response records the presentence investigation report's advisory guideline range as 33 to 41 months' imprisonment, based on a total offense level of 20 and criminal history category I, with the sentencing hearing set for October 6, 2022.

What was the forfeiture?

A personal money judgment of $665,600 under 18 U.S.C. § 981(a)(1)(C) and 28 U.S.C. § 2461(c), which the order describes as the minimum amount of proceeds the defendant personally obtained as a result of the violations of 18 U.S.C. § 1343, with the nexus established to the violations charged in count one.

What did the government say about the loan applications?

Its response states that after the first round of proceeds he submitted two subsequent fraudulent loan applications, receiving hundreds of thousands of dollars more, and that his gains totalled over $650,000. That is the government's position in its sentencing filing.

Summary written from the documents on this page; every sentence is sourced.