Former Walla Walla Car Dealer Faces Trial for Bank Fraud
Mark Gilbert was indicted by a grand jury in 2017 for 1 count of bank fraud relating to the purchase of a home in Hawaii.
The trial was just recently rescheduled from October 15th, 2019 to March 2nd, 2020 at District court in Spokane.
The court alleges Gilbert made false statements to a credit union in order to obtain a $745,000 loan to purchase a home in Hawaii. Gilbert allegedly falsely claimed he was buying the home for his parents and later failed to claim the home as an asset when he filed for bankruptcy.
Gilbert owned a chain of car dealerships in Walla Walla, College Place, Milton-Freewater, Pendleton, Moses Lake and Moscow, Idaho.
If convicted Gilbert could face up to 30 years behind bars.