Illinois man charged with Bank Fraud

Mark P. Troehler, 38, Herrin Illinois, was indicted by a federal grand jury sitting in Benton, Illinois, on May 9, 2013, and charged with Bank Fraud. The indictment alleges that Troehler, from January 2010, and continuing to until August of 2010, engaged in a scheme to defraud the Bank of Marion, Marion, Illinois, of $71,000. According to the Indictment, Troehler, who was at the time a contractor, took out a loan from the bank to build a home in Herrin, Illinois, and then utilized the funds for personal and unrelated business expenses, while supplying false documents to the bank indicating the funds were being used to build the home. Troehler ultimately defaulted on the loan. The offense carries a maximum sentence of up to 30 years’ imprisonment, a fine of up to $1,000,000, and mandatory restitution. United States Attorney for the Southern District of Illinois, Stephen R. Wigginton, announced the indictment.