Man Charged with Bank Fraud

Man Charged with Bank Fraud

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(KSL News) -- FBI agents have charged a Salt Lake County man with bank fraud.

The FBI and State of Utah Insurance Department say Baylor Stevens used fraudulent deeds to receive home loans from banks in Idaho and Maryland. Stevens eventually defaulted on both loans, and authorities issued a warrant for his arrest.

He'll be booked into the Salt Lake County Jail for bank fraud. If convicted, Stevens could spend up to 30 years in prison and pay a one million dollar fine.

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