Tommy ‘Tiny’ Lister pleads guilty to mortgage fraud

*Oh No, Not ‘Deebo’!

“Friday” standout actor Tommy ‘Tiny’ Lister, who played the notoriously-feared character, “Deebo,” in the cult flick, has agreed to plead guilty to a $3.8 million dollar mortgage fraud scheme.

Like EURweb on Facebook

Prosecutors charged the 54-year-old actor, who has made more than 100 movies, with conspiring to buy homes he could not afford from 2005 to 2007. Lister, with help from a real estate agent, a mortgage loan officer, a bank manager, an escrow officer and an accountant, is said to have used falsified records to unlawfully acquire four homes for $5.7 million dollars; which the bank later sold at a loss of more than 2.6 million, according to a news release from the U. S. Attorney’s Office.

Lister has been accused of submitting fake W-2 forms and pay stubs, in his applications to obtain home equity lines of credit. He faces 5-years in prison for this stunt.

The case was investigated by the FBI and Internal Revenue Service.

Want to read more articles like this one? Subscribe to EURnewsletter.

Got A News Tip or Video You Want to Share? Contact us HERE.

Recent Posts

EURweb is giving one lucky winner an iPad mini! Simply hit any or all of the action items below to enter. in Polls & Giveaways on LockerDome