CHARLESTON, SC (WCSC) - United States Attorney William N. Nettles said that three Mount Pleasant men were indicted for their roles in an auto loan scheme involving more than $800,000.
Indicted for conspiracy to commit bank fraud were 34-year-old William Brian Toadvine, 58-year-old Donald Toadvine and 38-year-old Colin Slaven.
Also indicted were 41-year-old Floyd Hargrove of Bluffton, Daniel Kosmer Jr. of Greenville, 58-year-old Joyce Pozniko of Hanahan and 47-year-old Elizabeth Donnelly of Beaufort.
All seven defendants were indicted for a single charge for conspiracy to commit bank fraud, which carries a maximum of 30 years imprisonment. The indictment alleges that the group fraudulently obtained auto loans by providing false documentation to over 16 different banks and credit unions.
Donald Toadvine, Hargrove, Slaven, Kosmer, Pozniko and Donnelly are each charged in an additional count for providing false information in a loan application. The case was investigated by agents of the FBI. Assistant United States Attorney Nathan Williams of the Charleston office is prosecuting the case.