Brentwood, TN FBI Special Agent indicted for bank and wire fraud

CHATTANOOGA, TENNESSEE (BNO NEWS) – A Brentwood, Tennessee Federal Bureau of Investigation (FBI) Special Agent was indicted on Wednesday with multiple counts of bank and wire fraud, prosecutors announced on Thursday.

Darin Lee McAllister, 44, was charged in a 19-count indictment with wire fraud, bank fraud and swearing a false oath in bankruptcy. The defendant allegedly devised a wire fraud scheme to defraud SunTrust Mortgage Co., Inc., for approximately $1.25 million in 2006.

McAllister’s fraud scheme included the purchase of rental properties in May and July 2006. He is also charged in relation to a $100,000 line of credit and making three false statements in connection with his subsequent bankruptcy petition in July 2009.

If convicted of all counts, McAllister faces a maximum penalty of 345 years in federal prison and $6.5 million in fines. The court may also sentence the defendant to pay restitution to the fraud victims. McAllister will be sentenced on June 9.

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