A Kansas City, Missouri, man was sentenced in federal court Wednesday for defrauding a financial institution of more than $652,000 through a bank fraud and money laundering scheme involving multiple real estate development projects.
Maximillian D. Howell, 44, was sentenced by District Judge Brian C. Wimes to 21 months in federal prison without parole. The court also ordered Howell to pay $231,841.84 in restitution and entered a final order of forfeiture for $88,123.08.
Beginning in 2015, Howell operated several companies that were involved in development projects within Kansas City, Missouri. These projects were often funded through the HOME Investment Partnerships Program and Community Development Block Grants, which were awarded to the city by the U.S. Department of Housing and Urban Development. Other funding sources included reimbursement-based lines of credit from the financial institution and allocations from the city’s General Fund…