Car salesman pleads guilty in loan scam

A Dauphin County car salesman has admitted in court that he falsified loan applications to the Pennsylvania State Employees Credit Union.

Theron Jeffrey Golden, 54, pleaded guilty Wednesday to charges of theft by deception, unlawful use of a computer and forgery.

Prosecutors said Golden falsely inflated incomes to justify larger loans and completely fabricated other information, including one supposed contact
number for an applicant that went to the office of a Pennsylvania state
senator.

Two older county residents were led to believe that they were only co-signers for the loans, but were left solely responsible, prosecutors said.

The vehicles were repossessed when the fraud was discovered by the bank.

Golden was ordered to pay $33,049 to the bank and $934 to the daughter of one victim who has since died.

His sentencing was scheduled for November 10.

 

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