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26 January 2013

Lights Over a Prison Cell

The leader of a promising rock band, Lights Over Paris, allegedly funded his "lavish lifestyle" of travel and a luxury bus by submitting false documents for millions of dollars in bank loans, prosecutors said yesterday. Robert Brandon Mawhinney, whose stage name is Robb "TaLLLLL" University, allegedly obtained four loans amounting to US$6.25 million from Comerica Bank and then defaulted, causing the bank to lose about US$6 million. JP Morgan Chase, Zions Bank, and Bank of America also lost money on loans to Mawhinney, who used the money to pay for travel, entertainment, and a luxury tour bus that cost well over US$750,000. If convicted, Mawhinney faces up to 30 years behind bars, which will serve as a good deterrent to anybody else looking to take the easy way to the top. As Vince Lombardi once put it, the dictionary is the only place where success comes before work.

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