According to an article in Nashville’s City Paper, and as seen on 1800Gospel.com, Judith McAllister’s husband, Darin McAllister, has been found guilty of 15 counts of wire fraud and three counts of bankruptcy fraud by a jury in Nashville. Judith McAllister is a noted gospel music artist and COGIC Music Dept. President.
Darin McAllister is a Former FBI Special Agent, 44 years old.
McAllister will be sentenced on March 4, 2011.
McAllister faces a total of 315 years in prison and $6.5 million in fines. The maximum penalty for each violation of the wire fraud statute is 20 years in prison and a $250,000 fine. The maximum penalty for each count of bankruptcy fraud is five years in prison and a $250,000 fine. Each count also carries a mandatory $100 special assessment. The court may also order restitution to any victims of the fraud.
The jury failed to reach a verdict on the bank fraud charge.
McAllister devised a wire fraud scheme to defraud SunTrust Mortgage Inc. in connection with the purchase of rental properties totaling $1.25 million in May and July 2006. He also devised a scheme to defraud SunTrust Bank in connection with a $100,000 line of credit and making three false statements in connection with his subsequent bankruptcy petition in July 2009.
Sentencing has been set for March 4, 2011. We will release details of his sentencing once it’s made available. We put Judith’s picture with this story for relevance, but let it be known she has not been found guilty in this matter. This is a grieving and sad development. Lets strive to live on the right path everyone. “Stay on the Path.”
