Ex-LSU player pleads guilty in mortgage fraud case

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wwltv.com

Posted on June 29, 2013 at 4:31 PM

NEW ORLEANS (AP) — A former LSU football player has pleaded guilty in a mortgage fraud investigation.

The Advocate reports (http://bit.ly/12uA0yy ) that 47-year-old Robert Packnett faces a maximum sentence of 30 years in prison following his guilty plea Thursday to one count of bank fraud.

The charge stemmed from allegations that Packnett overstated his rental income on properties for which he sought mortgages and credit lines.

His sentencing hearing is set for Oct. 4.

The New Orleans resident was an offensive lineman for LSU in the late 1980s.

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Information from: The Advocate, http://theadvocate.com

 

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