Former football standout Marshall admits bank fraud

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The former professional football player who got his start as a Hephzibah High School standout pleaded guilty Wednesday to bank fraud.

Former Hephzibah High School football player Arthur Marshall filed Chapter 11 for Custom Contractors and Associates.  Special
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Former Hephzibah High School football player Arthur Marshall filed Chapter 11 for Custom Contractors and Associates.

Arthur J. Marshall Jr., 40, admitted he defrauded two banks in 2007 when he obtained loans to build homes in the West Lake subdivision in Columbia County.

Mr. Marshall entered his guilty plea to two counts in U.S. District Court in Augusta. In exchange for that admission, federal prosecutors agreed to dismiss the remaining 20 criminal counts and to limit any potential for restitution to $2.5 million or less.

Mr. Marshall, who has moved to Miami, told the judge that he is now a business consultant. He will remain free on bond pending sentencing. A date has not been set.

Mr. Marshall was indicted in June on charges of bank and mail fraud and money laundering.

He was accused of committing mortgage fraud in the purchase of several properties in Columbia and Richmond counties in 2007 and 2008.

The indictment followed Mr. Marshall's bankruptcy petition and a series of civil lawsuits that accused him of deceit in business dealings. His bankruptcy petition listed about $11 million in debts.

The charges to which Mr. Marshall pleaded guilty Wednesday concern lots on Firethorn Court in West Lake, said FBI Special Agent Rebecca Harrison.

A man identified as "JP" gave Mr. Marshall a $100,000 check, which Mr. Marshall used to convince banks to lend him the money to build a house for "JP,'' and he used the same check to convince another bank to lend him money for a project that "JP" was not involved in, Agent Harrison said.

Bank fraud is punishable by up to 30 years in prison and fines up to $1 million, but maximum sentences are rarely imposed in federal courts. The federal sentencing guidelines advise the judges to fashion sentences based on the elements of a crime, a defendant's participation in the crimes and his character and history.

Mr. Marshall was a star of the Hephzibah football team. He played for the University of Georgia and graduated in 1991. He also played professional ball for several years before returning to the Augusta area to run a series of businesses.

Reach Sandy Hodson at (706) 823-3226 or sandy.hodson@augustachronicle.com.

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Don KING
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Don KING 10/16/09 - 07:19 am
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Here is a candidate for

Here is a candidate for public office!!

4725
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4725 10/16/09 - 07:27 am
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Senator Marshall ( State

Senator Marshall ( State office). I betcha he would win. Why, "He beat the man" He's needs to serve 10. He's not that dumb, these CRIMES were calculated.

MyOpinion2
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MyOpinion2 10/16/09 - 12:26 pm
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11 million in debt and he

11 million in debt and he only has to pay back 2.5 million? What the heck did he do with the other 8.5 million. Probably hiding away in a bank in another country. What a Racket and he only has to serve how many? It needs to be the full 30. Business consultant? Your Kidding! Teaching others how to defraud the system. Some business teaching folks you pay 2.5 million back making a whopping profit of 8.5 million. This world has gone crazy! We all need to be in his BUSINESS! Don't tell me CRIME doesn't PAY! You better find out who his clients are and find out if they are following in his footsteps.

MyOpinion2
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MyOpinion2 10/16/09 - 01:23 pm
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Ripjones collectively folks

Ripjones collectively folks are out 11 million he defaulted on ... and he didn't ruin anyone? you must have 11 mill to throw away, send it my way!

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