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Pringle Leadership Scandals

Previously on C3 Church Watch, we published this article on a C3 pastor who would be “facing five years in prison for his part in a bank fraud scheme involving real estate investors”.

C3 Asheville Scandal – C3 Pastor Facing Prison (Part 1)

We now have found prior information on this incident.

The Telegram reports,

Asheville pastor pleads guilty in bank fraud case

ASHEVILLE, N.C. —  An Asheville pastor faces five years in prison for his part in a scheme to defraud a local bank by using so-called “straw borrowers” to get $825,000 in loans.

The Asheville Citizen-Times reports (http://avlne.ws/yHxoMX) that Nicholas Dimitris (dim-EET’-rihs) pleaded guilty to a conspiracy charge in federal court last month.

Dimitris admitted to being part of a scheme to use straw borrowers, or stand-ins for the real recipients, to get loans from Pisgah Community Bank.

The 37-year-old is the pastor of C3 Church in Asheville. A call to his lawyer, Ronald True, was not immediately returned Tuesday.

Along with a maximum of five years in federal prison, Dimitris could also face a fine of up to $250,000.

It wasn’t immediately clear Tuesday if a sentencing date has been set.

___

Information from: The Asheville Citizen-Times, http://www.citizen-times.com

Source: Telegram.com, Asheville pastor pleads guilty in bank fraud case, http://www.telegram.com/article/20120110/APN/301109696/10091121/RSS02&source=rss, Articled published: 10/1/2012. (Accessed 14/01/2012.)

proof_telegram c3 bank fraud_14-01-2013

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NOTES: ALL SCREEN GRABS WERE TAKEN ON 14/01/2013.