From the Daily News:
A Democratic fundraiser was found guilty Friday of engineering a $21 million bank fraud scheme.
Courtney Dupree was convicted of vastly overstating the billings of his Long Island City-based lighting company GDC Acquisitions in order to fraudulently obtain a loan from Amalgamated Bank.
Dupree, 42, sat stone-faced as the verdict was read in Brooklyn Federal Court. He faces up to 30 years in prison and has to pay back at least $18 million.
Meanwhile, the jury that convicted Dupree also acquitted his company lawyer, Thomas Foley, 45.
Dupree was done in by a mountain of paperwork, which prosecutors said proved he was a crook, and by testimony from cooperating witnesses who were involved in the scheme.