Ellenton man sentenced for $20 million bank fraud; father to be sentenced next month for same crime

As their business faced financial ruin, father and son defrauded bank out of millions by fabricating records and statements

  • By Louis Llovio
  • | 6:29 p.m. February 3, 2022
  • | 0 Free Articles Remaining!
FILE: Father and son defrauded bank out of $20 million. Son sentenced to six years. Father to be sentenced in March.
FILE: Father and son defrauded bank out of $20 million. Son sentenced to six years. Father to be sentenced in March.
  • Tampa Bay-Lakeland
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TAMPA — A 58-year-old Ellenton, Manatee County man was sentenced to six years in prison Feb. 3 for defrauding a bank out of $20.6 million. His father, whose age was not disclosed, is scheduled to be sentenced for the same crime March 25.

The son, Loyd Tomlinson II, was also fined $240,000 by U.S. District Judge Virginia Hernandez Covington. Tomlinson II had faced 20 years in federal prison.

 

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