United States v. Peter Petsas

SOLOMON, Senior District Judge:

Appellant, Peter Petsas, was convicted by a jury of fifteen counts of causing false information to be submitted to the United States Department of Housing and Urban Development (HUD) in violation of 18 U.S.C. § 1010. He was sentenced to eighteen months in prison and a $5,000 fine on Count One. He received concurrent eighteen month sentences for each of the fourteen other counts.

Petsas was in the business of buying houses, usually from the HUD, repairing and then selling them. Occasionally, he repaired and sold houses for others including the Chairman of the…