Former CCPD officer pleads guilty in fraud case

A former Cape Coral police officer accused of mortgage fraud pleaded guilty in court today to loan and application fraud.

Former Sgt. James O’Brien, 37, faces up to 30 years in federal prison.

According to his plea agreement, filed last week, O’Brien falsified a loan application for a house in order to pay for his first mortgage. He lied about the price of the house, his monthly income, his checking account balance among other things.

JPMorgan Chase gave O’Brien a $593,750 loan, which included a payoff of $150,000, which went to other corporate entities, operated by members of a $4.2 million mortgage fraud scheme, including former Cape Coral police Officer Stephen Petrovich

Is it true they both retired and are going to get a City Pension? I was arrested when I was 18 on a BS felony and in my middle 30's. Are you hiring cause I'd like a guaranteed pension. I've gotten my rights restored. Is that the first step?

Whats wrong with that. When they get out they will have some extra cash to start their new scam they will learn while in the pen.

Is this why the current chief if retiring?

auto fraud too?