Friday, June 08, 2007

Ex-Delaware County Official Avoids Fraud & Racketeering Charges; Pleads To One Count of Lying On Loan Application

In Delaware, less than a week before she was to stand trial on racketeering and fraud charges, former New Castle County chief administrator Sherry Freebery decided to plead guilty in Federal court Wednesday to one count of making a false statement on a loan application. Prosecutors dropped remaining racketeering and fraud charges against her. Freebery's guilty plea involved an application for a mortgage refinancing in which she failed to disclose that she had signed a promissory note for a $2.3 million loan. For more, see Guilty plea ends Freebery ordeal (reported in The Delaware News Journal).

For local editorial commentary on the conviction of Sherry Freebery, see Years spent to get Freebery to admit she erred on paperwork.