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Saturday
Jan292005
Saturday, January 29, 2005 at 06:23AM
Virginia Del. Fenton L. Bland
Jr. pleaded guilty yesterday to conspiracy to commit bank fraud in a
scheme that involved a handful of forged real estate deeds and $460,000
in business loans obtained under false pretenses. He faces as much as
three years in prison, according to federal guidelines, and he is
scheduled to be sentenced in April. Bland (D-Petersburg) immediately
offered his resignation from the House of Delegates. "There comes a
time when personal responsibilities overshadow the work of the people
and I have come to the conclusion that I must refocus my mission," he
wrote in a resignation letter dated yesterday. His attorney, Murray
Janus, said Bland would not be commenting on the case. "This case
demonstrates that no one is above the law," U.S. Attorney Paul J.
McNulty said. "When you engage in this kind of scam, it doesn't matter
who you are or where you work, you will be held accountable for your
actions." The single conspiracy charge arises from a set of
transactions that began in 1995, according to court documents affirmed
and signed by Bland. Bland "forged, or caused to be forged" the deeds
to five real estate parcels in Petersburg and Ettrick, Va., essentially
transferring them from two friends to himself or his funeral home
business, according to the court documents. [more]