CLAYTON COUNTY, Ga. — A former Clayton County police officer has been sentenced after pleading guilty to several charges of bank fraud.
According to the U.S. Department of Justice, Andre Jackson, who was employed by the Clayton County Police Department at the time of the crimes, has been sentenced for conspiracy to commit wire fraud and bank fraud.
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Prosecutors say Jackson, 56, of Fayetteville and unnamed co-conspirators recruited more than ten people with good credit between 2015 and 2017 to apply for loans to buy luxury vehicles in Georgia and Texas.
They add that Jackson told the victims that they planned to sublease the cars to people with high income, but poor credit.
Jackson also told the victims that one of the co-conspirators owned a car-leasing business that would service the cars and handle insurance and loan payments.
The victims then submitted loan applications with false information about their income and employment.
Prosecutors say that many of the applications falsely stated that the victims worked for either Alot Frontier Group, LLC or ARC Financial Group, Inc., both of which are fake companies owned by Jackson.
In addition to breaking the agreements the victims made with their lenders, Jackson and his co-conspirators did not make the loan payments.
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A federal judge sentenced Jackson to three years and five months in prison, followed by three years of supervised release, 120 hours of community service. He was also ordered to pay $1,011,989.87 in restitution.
This case was investigated by the U.S. Secret Service.
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